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Stockreport

A Post About Book Sales Went Viral. Here's What It Gets Wrong. [Yahoo! Finance]

Netflix, Inc. (NFLX)  More Company Research Source: Yahoo! Finance
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Last week the article “ No One Buys Books ,” by Elle Griffin, went viral, topping Substack categories and being shared widely on social media. It's easy to understand why. Publishing is an opaque industry, and Griffin's piece—which collects quotes and statistics from the 2022 Justice Department suit against Penguin Random House, in which the government successfully blocked PRH's $2.2 billion purchase of Simon & Schuster—is filled with shocking claims. Over 90 percent of books sell fewer than 1,000 copies; 50 percent of books sell fewer than 12 copies. The article paints a nearly apocalyptic portrait of traditional publishing, in which nothing works, few make money, nobody reads, and the whole industry might go poof at any moment. This vision is appealing to many people, including writers who (fairly or unfairly) feel stymied by the industry, popularists who think reading itself is a snobby hobby, and tech types who mock “paywalled dead trees.” The only problem is, the picture isn't t [Read more]
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Stockreport

A Post About Book Sales Went Viral. Here's What It Gets Wrong. [Yahoo! Finance]

Netflix, Inc.  (NFLX) 
More Company Research Source: Yahoo! Finance
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Last week the article “ No One Buys Books ,” by Elle Griffin, went viral, topping Substack categories and being shared widely on social media. It's easy to understand why. Publishing is an opaque industry, and Griffin's piece—which collects quotes and statistics from the 2022 Justice Department suit against Penguin Random House, in which the government successfully blocked PRH's $2.2 billion purchase of Simon & Schuster—is filled with shocking claims. Over 90 percent of books sell fewer than 1,000 copies; 50 percent of books sell fewer than 12 copies. The article paints a nearly apocalyptic portrait of traditional publishing, in which nothing works, few make money, nobody reads, and the whole industry might go poof at any moment. This vision is appealing to many people, including writers who (fairly or unfairly) feel stymied by the industry, popularists who think reading itself is a snobby hobby, and tech types who mock “paywalled dead trees.” The only problem is, the picture isn't t [Read more]
IMPACT SNAPSHOT
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NFLX
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Price Change %
Volume Shares
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Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
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%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS