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Netflix NFLX shares have plunged 26.8% year to date, underperforming the Zacks Broadcast Radio and Television industry’s decline of 9.3% and the Zacks Consumer Discretionary sector’s return of 25.8%.The selloff is about more than weak sentiment. Revenue growth is slowing, content and live-programmi…
North Point Portfolio Managers Corp OH lessened its position in shares of Netflix, Inc. (NASDAQ:NFLX - Free Report) by 18.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 93,102 shares of the Internet television network
In the most recent trading session, Netflix (NFLX) closed at $68.69, indicating a +1.76% shift from the previous trading day.