Sell Netflix Stock, Goldman Says. It Has Lost Two-Thirds of Its Value.

This being Goldman Sachs, Netflix stock is on the move in premarket trading, with shares down 4.4% at $184.22 in premarket trading.

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Sell Netflix Stock, Goldman Says. It Has Lost Two-Thirds Of Its Value.

2 weeks from now

This being Goldman Sachs, Netflix stock is on the move in premarket trading, with shares down 4.4% at $184.22 in premarket trading.

barrons.com

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Netflix Cut To Sell At Goldman Sachs On Fears Of A 'consumer …

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Jun 10, 2022 · Goldman cut Netflix to Sell from Neutral and lowered its price target to $186, down from $265 and only about a 4% drop from current levels. NFLX is down 3.5% in premarket …

seekingalpha.com

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Netflix Selloff Is Latest In Wall St Retreat From Streaming - Yahoo …

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Apr 20, 2022 · With Netflix shares tumbling 37% after the entertainment heavyweight's disastrous quarterly report late on Tuesday, its stock market value has now fallen by two thirds from its …

yahoo.com

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Netflix Stock Plunges Amid Drop In Subscriptions; Launches

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Apr 21, 2022 · If the stock closes at this level, the selloff will have wiped out nearly two-thirds of Netflix's market value since the end of last year, erasing $170 billion in shareholder wealth in …

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Goldman Cuts Netflix To 'Sell' Citing Competition And A 'consumer ...

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Jun 10, 2022 · Goldman analyst Eric Sheridan slashed his rating on Netflix shares to Sell from Neutral on Friday, sending the stock off as much as 5% in pre-market trading. Sheridan cut his …

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FAQs about Sell Netflix Stock, Goldman Says. It Has Lost Two-Thirds of Its Value. Coupon?

Should you sell Netflix stock?

Sell Netflix Stock, Goldman Says. It Has Lost Two-Thirds of Its Value. Netflix stock was cut to Sell at Goldman Sachs amid the investment bank’s re-evaluation of the internet sector, one that demonstrates just much Wall Street has soured on the streaming giant. ...

Why is Netflix stock sinking?

Goldman Sachs lowered its rating on Netflix ( NFLX) to "sell" from "neutral." NFLX stock is sinking following the downgrade. As reasons for the move, the firm cited upcoming economic weakness and increased competition. Netflix (NASDAQ: NFLX) stock is tumbling today after Goldman Sachs lowered its rating on NFLX to “sell” from “neutral.” ...

How much has Netflix lost in the past 6 months?

Netflix has lost two-thirds of its market value in the past six months, falling from a peak of almost $310bn in October to $100bn on Wednesday. ...

Why is Netflix stock tumbling?

Netflix (NASDAQ: NFLX) stock is tumbling today after Goldman Sachs lowered its rating on NFLX to “sell” from “neutral.” The firm also slashed its price target on the shares to $186 from $265. Goldman cut its estimates for Netflix to reflect a deterioration in the firm’s macro outlook, analyst Eric Sheridan explained. ...

Is Netflix (NFLX) a bad stock?

Yet as difficult as it's been for stocks generally, none is having a worse time than Netflix ( NFLX 9.92%), which is the worst-performing stock in the broad market index, with shares down over 63% year to date. Shocking subscriber losses were the primary fuel that lit the fire to the streaming video stock's valuation. ...

What is Netflix's market capitalization?

Netflix's market capitalization now stands at about $100 billion, by far the smallest among the so-called FAANG group of stocks - which also includes Facebook-owner Meta Platforms, Amazon, Apple and Google-owner Alphabet - that fueled much of Wall Street's rally in the years prior to the 2020 COVID-19 pandemic. ...