Therefore, some financial market experts predict that Wall Street will slowly leave the dominant positions of the company, which thanks to the economy of the coronavirus pandemic.
The value of Netflix fell by two aunts in one day and amounted to about 100 billion US dollars in the middle, which is about 2.2 trillion crowns. The agency informed about it Reuters.
Netflix’s subscribers dropped by 200,000 to 221.6 million from January this year. The company’s original strategy was to increase the number of subscribers by 2.5 million.
The company is now preparing for the situation to worsen, and the loss of two million subscribers for April and June. Netflix suffered heavy losses due to the withdrawal from Russia, due to the Russian invasion of Ukraine. This led to an apartment of about 700 thousand subscribers.
However, the fall in the prices of the Netflix event has spread to other companies as well. On Wednesday, the price of the event fell by about seven percent. But it has affected other streaming platforms as well. Walt Disney shares fell 5.8 percent, Paramount Global 8.1 percent and Warner Bros. Discovery 5.2 percent.
Let’s take a while, let’s not find out if companies like Netflix, Disney or you Paramount are going to be companies. But Reuters Jim Bianco, president of Bianco Research, a financial market research company, has reached its peaks.
Investors generally refer to the growth of their companies, their sales and profits are growing more than other companies, they are more in demand on the market and investors are willing to pay for them, even for future expected profits. The portfolio manaei in this group has long included shares of streaming platforms, such as Netflix.
You and companies such as Zoom Video Communications and Pinterest, which have fallen by more than 60 percent in the last twelve, have fallen in the price of their shares in recent years.
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