Weekly overview Netflix
seems like a correction have been taking place since the top at 423, and has formed a big symmetrical triangle, which could lead to a potential continuation of the upwards trend.
on the contrary
we see HASTINGS REED - CEO of Netflix - unloading his bags
Netflix facing streaming competition with the likes of Disney, Amazon, HBO, APPLE.
- slowdown in subscriber growth in the U.S. and Canada. During 4Q Netflix added 0.55 million net paid subscribers in the region (0.42 million in the U.S. and 0.13 million in Canada), VS 1.75 million in the prior-year period.
- Netflix's guidance for 1Q forecasts significantly weaker subscriber growth compared to prior market expectations.
- Netflix has guided for $2.5 billion in free cash flow burn in 2020
One relative bright spot for Netflix in the fourth quarter was global subscription growth. Netflix added 8.8 million net paid subscribers during the quarter, well above the 7.6 million targeted in prior guidance.
seems like a correction have been taking place since the top at 423, and has formed a big symmetrical triangle, which could lead to a potential continuation of the upwards trend.
on the contrary
we see HASTINGS REED - CEO of Netflix - unloading his bags
Netflix facing streaming competition with the likes of Disney, Amazon, HBO, APPLE.
- slowdown in subscriber growth in the U.S. and Canada. During 4Q Netflix added 0.55 million net paid subscribers in the region (0.42 million in the U.S. and 0.13 million in Canada), VS 1.75 million in the prior-year period.
- Netflix's guidance for 1Q forecasts significantly weaker subscriber growth compared to prior market expectations.
- Netflix has guided for $2.5 billion in free cash flow burn in 2020
One relative bright spot for Netflix in the fourth quarter was global subscription growth. Netflix added 8.8 million net paid subscribers during the quarter, well above the 7.6 million targeted in prior guidance.