Netflix Inc (NASDAQ: NFLX) is attributing a dip in subscriber growth to the coronavirus pandemic and a “lighter content slate,” which it plans to remedy by pumping cash into content.
If churn is higher than expected, it could make some investors less inclined to hold shares of Netflix Inc (NASDAQ: NFLX), but a higher than expected churn rate is very unlikely, Mark Tepper of Strategic Wealth Partners said Tuesday on CNBC's "Trading Nation."
To play Netflix Inc (NASDAQ: NFLX) going into earnings, look for an equity that will move with the streaming stock, Nic Chahine of Marketfy said Tuesday on Benzinga's YouTube
Netflix Inc (NASDAQ: NFLX) added more than 200 million subscribers last year, partly due to the COVID-19 pandemic which forced people to stay at home, but the streamer and its rivals face a customer churn, according to a report by Deloitte.
Cathie Wood-led Ark Investment Management on Monday snapped up shares of the exercise bike maker Peloton Interactive Inc (NASDAQ: PTON) amid weakness related to a U.S.
This article was originally published on February 7, 2021 7:04 am It was one of the most read articles on Benzinga.com this year.
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