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29.04.2020 NETFLIX Daily Analysis

Netflix closed on Tuesday red in a generally declined market. The stock closed at $403.83. The stock's hype has finally died down or so it seems

29.04.2020 NETFLIX Daily Analysis
Yazar: Zack Smith

Yayınlanma: 30 Nisan 2020 14:47

Güncellenme: 23 Kasım 2024 19:53

29.04.2020 NETFLIX Daily Analysis

Netflix closed on Tuesday red in a generally declined market. The stock closed at $403.83. The stock's hype has finally died down or so it seems and investors are now shifting their focus onto the second quarter. The big question is, will Netflix be able to hold up especially with different sectors re-opening and a number of workers heading back to work. One analyst argues that as a result of the Covid-19 a lot of people have lost their job and as a result even after the lockdown is lifted more people would still be at home and Netflix's subscriber base might remain intact or even continue growing.  
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