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Netflix dropped by 5%

Netflix dropped by 5%

just fell by 5% after Wells Fargo downgraded the stock and pointed to declining viewership. That's a pretty big news for Netflix. Wasn't expecting such a harsh move tbh

@TallDrive706 3 weeks ago

A 5% drop on a downgrade is a pretty strong reaction. The bigger question is whether declining viewership becomes a real growth concern for Netflix.

@EthanCarter257 3 weeks ago

A 5% drop shows how sensitive Netflix is to sentiment right now, and sustained weakness in viewership could become a bigger concern if it starts affecting engagement and revenue growth