Giving up nearly two years’ worth of gains is a tough pill to swallow for Netflix investors. In fact, the shares have fallen so far that they’re now at pre-pandemic levels. Priced at around US$377 per share, the video streaming giant is currently down more than 46% from its 52-week highs. And in the following year, its Q2 subscriber numbers triggered a 13% crash in the shares.įor investors who ignored the noise and purchased Netflix on those two down-days, they are currently sitting on returns of 263% and 327%, respectively. In 2015, the company’s subscriber guidance for Q4 came in well below expectations, sparking an 8% selloff the following day. This isn’t exactly the first time Netflix shares have crashed on disappointing subscriber growth. ![]() Now get up to $150 sign-up bonus until Jwith promo code BONUS150.ĭivision of Credential Qtrade Securities Inc. With Qtrade Direct Investing™, you can build, evaluate and test your portfolio using analyst research and tools that feature their most advanced risk analysis and portfolio-building technology. But before giving up on Netflix completely, here are three reasons why investors should consider going against the herd.Īnd whether or not you're convinced now is the time to buy Netflix, consider switching to a versatile trading platform that gives you the tools to direct your own investments. As of this writing, Netflix shares are down almost 30% over the past five days.Ī plunge of this magnitude can seem scary. Netflix shares plunged nearly 22% last Friday on subscriber growth concerns, chopping off US$49 billion from its market capitalization.Īfter a weekend to digest the news, investors continued to sell heavily. The company reported Q4 earnings along with guidance last week, and Wall Street didn’t like it one bit. ![]() But it’s a completely different story this year. With the market’s rough start to 2022, investors are reminded once again that stocks - even the best ones - don’t always go up.Ĭase in point: Netflix was one of the top-performing S&P 500 stocks of the past decade, returning more than 5,700% from 2012 to the end of 2021.
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