Netflix (NFLX) investors saw the stock closing -0.77% the last 5 days, which means it sits at +17.97% YTD.
Let's go through the news around Netflix this week together.
LEGEND: Positive News | Neutral News | Negative News
WWE is looking to sell itself for $9B - which is a lofty premium to today's valuation (roughly $6.5B).
Although Netflix isn't seen as a likely buyer - it would enable them to enter the sports arena (although with sports entertainment - still a step in that direction!). They are seen as a large strategic potential buyer here (along with Disney).
Netflix has removed the shuffle feature (Surprise Me).
Although the concept of this feature was interesting (let Netflix pick a random show/movie for you to consume if you're insure what to watch), the adoption rate for this feature was non-existent. Viewers didn't care for it, and as a result it's no longer on the platform.
There were no new analyst changes to report this week for Netflix.
We look forward to spending a few minutes with you next Sunday for some new Netflix news!
Disclosure: I am a Netflix (NFLX) shareholder at the time of publishing.
