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Posts published in “CineMonster”

Sinking Stocks and Losing Subscription, What Happened to Netflix?

In early to mid of March 2022, Netflix’s stock was sunk to its lowest point since the start of the COVID-19 pandemic in March 2020. Investors continuing to sell shares of the streaming service as it faces slower growth on subscriber numbers and more competition from rivals.

Netflix saw significant gains during in 2020 and 2021 as consumers were stuck at home under various restrictions. Netflix’s business boomed in 2020 due to social restrictions that forced people to stay home.