Author Bio
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You ll often find him writing about stocks in the consumer goods and technology sectors. Follow @TMFParkev
Netflix (NASDAQ:NFLX) share prices fell roughly 10% after the company reported first-quarter earnings last week. The global streaming content provider reported revenue in line with expectations and earnings per share above what analysts on Wall Street were predicting.
So why did shares of Netflix fall 10% after the results were made public?
Netflix s Lstaff is a team of execs behind its biggest decisions businessinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessinsider.com Daily Mail and Mail on Sunday newspapers.
Author Bio
Fool since 2011. I write about consumer goods, the big picture, and whatever else piques my interest. Follow me on Twitter to see my latest articles, and for commentary on hot topics in retail and the broad market.
Follow @tmfbowman
2020 was a banner year for stay-at-home stocks. Companies like
Zoom and
Peloton finished the year up 400% and went from being niche products to household staples. Video streaming also boomed last year, thanks to the effects of the pandemic, but
Netflix (NASDAQ:NFLX) missed out on much of the rally in stay-at-home stocks in the last half of the year.