January 5, 2016

Chart of the Day: Netflix Slumps After Its Meteoric Rise In 2015

   January 5, 2016

Chart of the Day: Netflix Slumps After Its Meteoric Rise In 2015

Netflix stock dropped 8% at one point on Monday after the video streaming giant indicated that its plans to spread across the globe has not been easy, due to licensing issues in its international markets and concerns about its US subscriber growth. Netflix was the best performer on the S&P 500 in 2015 rising 130%! Given the extremely high growth priced in the move yesterday, it indicates some nervousness amongst investors. This could lead to investors rushing to exit the stock even on a hint of disappointment in its growth trajectory, leading to a significant drop in its stock price. 

 

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