Tag: Netflix stock
According to Reuters, Netflix CEO Reed Hastings (NFLX) said companies like Disney (DIS) and Apple (AAPL) will boost already rising production costs.
Apple will offer Apple TV+ for $4.99 per month. This news sent Netflix (NFLX) and Disney's (DIS) stock prices down 2.16% and 2.19%, respectively.
Yesterday, Apple (AAPL) shocked investors, analysts, customers, and rivals with its pricing, announcing its Apple TV+ service would cost $4.99 per month.
It's been a tough year for Netflix (NFLX), but yesterday, it closed the day as the best-performing stock among its FAANG peers. It popped 1.44% on the day.
The release date for Disney+ is coming up, making Netflix a riskier bet. However, Netflix has a certain edge that Disney simply can’t replicate.
The planned launch of Walt Disney’s (DIS) Disney+ and Apple’s Apple TV+ video services seems to have prompted some Netflix (NFLX) investors to panic.