Netflix Inc. (Nasdaq: NFLX) stock is down another 0.3% in early trading this morning (Monday). NFLX stock is now down nearly 11% since Aug. 1.
Netflix stock reached an all-time high of $129.29 on Aug. 5, but has since dropped more than 20% in less than two months.
Netflix Inc. (Nasdaq: NFLX) stock is down another 0.3% in early trading this morning (Monday). NFLX stock is now down nearly 11% since Aug. 1.
Netflix stock reached an all-time high of $129.29 on Aug. 5, but has since dropped more than 20% in less than two months.
The Netflix stock price is down another 4.8% in early trading this morning (Friday) and has now dipped 13.3% since Aug. 6.
Yesterday, shares of Netflix Inc. (Nasdaq: NFLX) were down 7.8% as many tech stocks felt the heat of the market's sell-off. On Thursday, the Dow Jones Industrial Average fell more than 350 points, and the Nasdaq dropped 141 points.
Here's the best way to handle NFLX stock now...
The Netflix stock price rose to an all-time high of $129.20 Wednesday morning on heavy volume.
The jump pushed year-to-date gains to a whopping 160%, making Netflix shares look extremely overvalued.
Here's why we're treading lightly with the Netflix stock price...
