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.
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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...
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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...
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