21.04.2020 NETFLIX Daily Analysis

21.04.2020 NETFLIX Daily Analysis

Today Netflix is trading at $437.49 (+3.44). Netflix Inc. has seen increased usage as the COVID-19 pandemic forces people to entertain themselves at home, but only one is expected to profit from it when they report financial results Tuesday afternoon. The people love “Tiger King.” With subscribers and potential subscribers stuck inside in March, fresh content like the popular documentary series leads analysts to believe Netflix will beat its forecast of 7 million new subscribers by more than 1 million.   The question for Netflix will be the pipeline of new content that is complete, as production halts in Hollywood threaten to slow the growth of new streaming rivals such as Walt Disney Co. DIS, -4.09% , Apple Inc. AAPL, -2.07% and others.