Posted by focus175 on 19th of Apr 2022 at 04:12 pm
Has big tech always had such large drops on earnings suprises?
These 20% drops like NFLX and FB have had? Just curious if
this is more of a recent event or if that's typical of the
FAANG's?
Happens during bearish trends and when companies miss badly -
NFLX is not a cheap stock and when growth turns negative you get a
strong reaction.
Think about the current backdrop - money is being allocated
towards food and energy so consumers need to cut back - also
competition from all other streaming services
NFLX down 50
Posted by steve on 19th of Apr 2022 at 04:01 pm
NFLX down 50
BIG reversal in DIS following
Posted by steve on 19th of Apr 2022 at 04:07 pm
BIG reversal in DIS following the NFLX report
LOL yes I was just
Posted by matt on 19th of Apr 2022 at 04:09 pm
LOL yes I was just just in the process of posting that, you beat me to it. DIS trading at 127.4 in after hrs, had closed at 132
Has big tech always had
Posted by focus175 on 19th of Apr 2022 at 04:12 pm
Has big tech always had such large drops on earnings suprises? These 20% drops like NFLX and FB have had? Just curious if this is more of a recent event or if that's typical of the FAANG's?
Happens during bearish trends and
Posted by steve on 19th of Apr 2022 at 04:15 pm
Happens during bearish trends and when companies miss badly - NFLX is not a cheap stock and when growth turns negative you get a strong reaction.
Think about the current backdrop - money is being allocated towards food and energy so consumers need to cut back - also competition from all other streaming services
NFLX recent high 701 currently 267
O‘neil's quote "in a bear
Posted by kevindeng0727 on 19th of Apr 2022 at 10:33 pm
O‘neil's quote "in a bear market, good news is bad news. Bad news is bad news. Very bad news in a very oversold market is good news:)"
That's a deep thought and
Posted by fredsaid on 20th of Apr 2022 at 01:07 am
That's a deep thought and quote ;)
man NFLX just can't catch
Posted by matt on 19th of Apr 2022 at 04:06 pm
man NFLX just can't catch a break LOL