Poll: Has It Reached Its Peak 🗻

This week, we asked the Invstr Community what their opinion is on Netflix’s recent pullback. The winner, by a very slim margin, was the 43 percent of Invstrs who believe that this is just a bump in the road for Netflix that they can soon overcome. This feels like a routine for Netflix investors every year, where the company’s earnings fall short of expectations and the stock collapses as a result. After that, it ends up recovering as the company continues to perform well. Even though this could be astrology or random luck, people do believe Netflix can be grabbed at substantial value here as they are still one of the leaders in their industry, making this a sensible first place vote. In second place is the 40 percent of Invstrs who believe this is a sign of continued struggles for Netflix. Netflix is down 70 percent from all-time highs, a drop we’ve never seen, and the most recent earnings report gave no reason to be happy as they lost 200,000 subscribers for the first time since a decade ago. Password sharing has started to become a major problem, so it feels as if this option should push for first place although the tight margin is validated.

To close out the podium, we have the 17 percent of Invstrs who have their eyes on other parts of the digital world, not focusing on Netflix. It’s easy to argue that this whole streaming area is oversaturated, which is definitely a valid concern, and it looks like Netflix is slowly starting to lose their market share to companies like Disney. This, compared with the risk/reward of other assets in the stock market and crypto, have shifted growth investors’ interest away from the company. It’s surprising that this many people have stopped paying attention to Netflix though, considering it’s a FAANG stock, making this a reasonable third place finisher but the percentage is high.

Keep track of further news on Twitter with the News feature on Invstr in your feed! Have fun and see you next time with more poll results!

The Invstr Team 🙂


More Posts

Get your daily Invstr Crunch

Get the market news and updates you need, delivered to your inbox or available on our daily podcast.

Risk Disclosure:

Invstr is not a bank and banking services are provided by Vast Bank, N.A.

Brokerage and Banking services are currently only available to U.S. residents.

Invstr app and web services are provided by Invstr Ltd. Advisory services are provided by Invstr Financial LLC, an investment adviser registered with the Securities Exchange Commission (SEC) details of which can be obtained here. Securities brokerage and custody services are provided by Apex Clearing, a broker dealer registered with the SEC and a member of FINRA and SIPC. There is no bank guarantee on securities and securities may lose value.

Investing involves risk and can lead to losses. Past performance does not guarantee future results.

Vast Bank N.A. a nationally chartered bank and member of the FDIC, provides the banking products, including the products and services related to digital asset accounts. As with any asset, the value of Digital assets can go up or down and there can be a substantial risk that you lose money buying, holding or investing in digital assets. You should carefully consider whether trading or holding Digital assets is suitable for you in light of your financial condition. Any Digital Assets in your digital asset account are not insured by any government entities, including but not limited to FDIC or SIPC.

The Invstr Visa® Debit Card is issued by Vast Bank, N.A. pursuant to a license from Visa U.S.A Inc and may be used everywhere Visa debit cards are accepted. Invstr Ltd, Invstr Financial LLC and Invstr Securities Ltd are subsidiaries of Marketspringpad Holdings (collectively “Invstr”) and Invstr is solely responsible for the application services and website content.

Watchlists provided when users first access the service are not a recommendation to invest. Instead they are provided to help users better navigate the service. Users are free to edit and create their own watchlists. From time to time, Invstr will suggest instruments solely based on an individual’s interest and the interest levels of the Invstr community.The statistical and portfolio builder models generated by Invstr do not reflect actual investment results and are not guarantees of future results.Comments provided by Invstr leaders, influencers or members of the Invstr Community are not recommendations and should not be construed as such.Invstr does not endorse the content or the positions posted by them. Their investment approach, and that of the models provided by Invstr, may be different from yours and may not be appropriate for you.