Why Netflix Stock Fell This Past Week
Investors are growing concerned about the video platform's moves to limit data sharing.
Overview
Shares of Netflix (NASDAQ: NFLX) sank last week on concerns that the streaming giant's leadership team was becoming less transparent with investors.
Image source: The Motley Fool.
Netflix's revenue rose 13% year over year to $12.6 billion in the second quarter, fueled by gains in membership and advertising sales, along with streaming plan price increases.
Details
Source
Originally published at www.fool.com.
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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.