October quiet month for Netflix stock so far, but October 16 results announcement threaten to push share value below $200

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September 2019 will be remembered as a brutal month for the stock of Netflix. By the end of September, the value of its shares had already weakened by more than 10% and even turned negative for 2019, erasing its previous year-to-date advance. The reversal of its 2019 advance provided a highly negative signal for  its stock holders to digest when considering that its valuation was higher by above 40% for 2019 as recently as May, meaning that the stock suffered a decline beyond 40% within five months.

Fears persist that Netflix stock represents a falling knife, but temptation present… Read More:

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