HomeNetflix (NFLX) Stock Price Cut In Half In 3 Months
Netflix (NFLX) Stock Price Cut In Half In 3 Months

Netflix (NFLX) is today’s FOMO stock. Alex Coffey and Jenny Horne discuss NFLX as its stock price has been cut roughly in half from $700 in November, to about $350 in three months. They also talk about how Citigroup (C) has upgraded NFLX to buy from neutral with a price cut to $450 from $595. They also talk about how some reports say that NFLX’s content doesn’t have the same binge-watching power it once had, however this does not mean that NFLX is not still the dominate player. They then demonstrate an example trade using NFLX. Tune in to find out more.

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