Netflix Shares Hit 52-Week Low After 40% 12-Month Drop
Updated
Updated · Seeking Alpha · Jul 26
Netflix Shares Hit 52-Week Low After 40% 12-Month Drop
3 articles · Updated · Seeking Alpha · Jul 26
Summary
July 17 marked a new 52-week low for Netflix shares after the stock lost 40% over the past 12 months.
The latest report frames the selloff around whether that decline has created a buying opportunity, citing views from Seeking Alpha analysts Steven Mallas, Oliver Rodzianko and Elina Selianska.
The move leaves Netflix under pressure after a year of sustained weakness, with the 40% slide now the key measure of the stock's downturn.