That's because Stranger Things and Umbrella Academy both just dropped and they were both great. They did insane viewer numbers. After WEEKS at number one Resident Evil finally knocked Stranger Things to number two. If it wasn't for that idiot Ellen Paige(from Juno) pushing trans bullshit both shows would have been awesome. And like tomorrow Virgin River season 4 drops. Its actually a great show based on books. I don't normally watch soap opera-y type shows but its just that good.
The problem with Netflix is that while they have the stupid leftist stuff they are so huge they also have shows worth watching.
But the subscription being raised pushes a lot of people who could just barely afford it to cut the service and switch to piracy to give themselves more breathing room.
There's definitely a limit to the price raises they can make before they take more losses from people leaving.
Buyers are kicking in now. Overall, still a bear market, but buyers are making a move. Will it be the end of the bear? Don't know, but for right now, there is some underlying strength in the market.
So, NFLX is going along for the ride. That happens in bullish moves (bad news gets ignored). But it is still 1,000,000 less subs.
But the stocks go up.
This stock market.
Netflix was 'expected' to lose a lot more than 1million. Investors see as a good thing that it wasn't as many as expected.
They expected to lose customers with their price of increase and increased competition. Still, earnings were up 8% year over year.
Just as a note, I’m neither a subscriber or shareholder
Me neither.
That's because Stranger Things and Umbrella Academy both just dropped and they were both great. They did insane viewer numbers. After WEEKS at number one Resident Evil finally knocked Stranger Things to number two. If it wasn't for that idiot Ellen Paige(from Juno) pushing trans bullshit both shows would have been awesome. And like tomorrow Virgin River season 4 drops. Its actually a great show based on books. I don't normally watch soap opera-y type shows but its just that good.
The problem with Netflix is that while they have the stupid leftist stuff they are so huge they also have shows worth watching.
But the subscription being raised pushes a lot of people who could just barely afford it to cut the service and switch to piracy to give themselves more breathing room.
There's definitely a limit to the price raises they can make before they take more losses from people leaving.
Umbrella Academy was so bad I couldn't finish it, despite liking first season.
Buyers are kicking in now. Overall, still a bear market, but buyers are making a move. Will it be the end of the bear? Don't know, but for right now, there is some underlying strength in the market.
So, NFLX is going along for the ride. That happens in bullish moves (bad news gets ignored). But it is still 1,000,000 less subs.