The lost symbol netflix5/13/2023 Netflix shares are up 10% year-to-date and have soared more than 70% compared to the year-ago period.Īlexandra Canal is a Senior Reporter at Yahoo Finance. Stream It Or Skip It: 'Dan Brown's The Lost Symbol' On Peacock, Where A Young Robert Langdon Tries To Save His Mentor By Finding A Portal In D.C. Jefferies recommends "buying any dip associated with a conservative 2Q23 guide," adding Netflix is poised to be the number one distributor in video content amid those longer-term revenue drivers while discipline around content spend will "jumpstart" margin and free cash flow expansion efforts. "However, we believe most of that churn will be somewhat impulsive, as it has minimal impact on the existing subscriber, and those members will return to the service over the course of 2023." "We expect a lot of noise in 2Q23, and are being very conservative in our own modeling of churn in response to password crackdown," Jefferies wrote in a note to clients earlier this month. Wall Street analysts have remained upbeat about the initiative, emphasizing its role as a longer-term growth driver, along with the platform's recently launched ad-supported tier. This content is not available due to your privacy preferences.
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