NFLX suffered its first subscriber loss in more than a decade, sending its shares plunging 25% in extended trading amid fears that the groundbreaking streaming service may have had its best days.
FB was down 6.5%, DIS was down 5%, ROKU was down 6%, AMZN was down 2%, and the Nasdaq was down 1%.
To be honest, I didn't expect the NFLX to have such a big impact that it would cause the Nasdaq to fall along with stocks like FB DIS. I guess everyone is like me and definitely didn't expect NFLX to have so much influence.
Do you think this is logical?
Instead, the winners in the market today are bank stocks like GS, WFC, MS, etc.
How is your stock today?
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