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Personal Finance and Investing

PatSeg

(49,793 posts)

12. I just read another post

Reply to Boxerfan (Reply #10)

Tue Apr 19, 2022, 08:00 PM

Apr 2022

that said Netflix lost users for the first time ever - 200,000. I remember the previous rate hike, when they said they were raising prices to produce more quality programming. Then they raised their prices again? I didn't see any great improvement in their content before. It was a terrible business decision.

https://www.democraticunderground.com/?com=view_post&forum=1002&pid=16609597

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Wow! Netflix sure got killed after announcing earnings after hours [View all] bif Apr 2022 OP

not sure why this is so stunning qazplm135 Apr 2022 #1

Not surprised at all vercetti2021 Apr 2022 #2

I thought it was doing well with hit show bridgerton Demovictory9 Apr 2022 #3

"Netflix shares drop 26% after it loses 200K subscribers"... PoliticAverse Apr 2022 #4

Well, I'm about to cancel piddyprints Apr 2022 #5

Sadly they were in my portfolio - the tech companies that have very high PE's walkingman Apr 2022 #6

Earnings precipitated the drop, but I think the stock has been overpriced for a while Auggie Apr 2022 #7

Netflix failed in their primary objective localroger Apr 2022 #8

They raised their rates one time too many recently PatSeg Apr 2022 #9

You weren't the only one.... Boxerfan Apr 2022 #10

I just read another post PatSeg Apr 2022 #12

Not worried about Netflix, or it's investors. bluedigger Apr 2022 #11

I feel the same way and am turning to sports and classic films Auggie Apr 2022 #13