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Markets · Investing · Business
Finance
Should You Buy Netflix Stock Before Oct. 20?
The streaming company will release its third-quarter numbers in about a month.
Shares of streaming giant Netflix (NASDAQ:NFLX) have struggled to gain traction this year. They're down 23% as of the end of last week, as the market has appeared bearish on its growth prospects, with co-founder Reed Hastings departing and the company's name surfacing in acquisition rumors.
Next month, on Oct. 20, Netflix is set to report its earnings numbers for the third quarter. With the stock taking a beating this year and expectations likely a bit low for the company heading into earnings, could now be a good time to invest in Netflix?
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.
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