Netflix Stock Lost Nearly 50% of Its Value in a Year. Will It Keep Falling?

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Netflix stock has lost nearly 50% of its value over the past twelve months. The share price is currently testing its 2021 support level near $68. Co-CEO Ted Sarandos has acknowledged that growth is slowing. The next quarterly earnings report is expected on October 20 and could confirm or refute this downward trend.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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