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Video streaming services see downloads, active users drop in April, BofA report shows [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
Monday, citing data from Sensor Tower, likely pressured by heated competition in the segment and an uncertain economic outlook. Across all video streaming services, including Netflix , Paramount and Walt Disney, downloads and monthly active users (MAU) declined 4% in aggregate, according to the note. WHY IT'S IMPORTANT The streaming companies are seeing a slowdown in growth across their categories, with some analysts pointing to several markets reaching maturity, especially in the U.S. and cooling in demand post the pandemic-driven boom. BY THE NUMBERS Netflix saw a decline of 6% in downloads and 8% in MAU, while Disney's downloads fell by 26% and MAU by 10%. However, Warner Bros Discovery saw both year-on-year and month-on-month growth with about 11.8 million downloads and 48.6 million MAUs, said the research firm. WHAT'S NEXT Media companies are doubling down on international expansion, investing in sports streaming ventures and raising prices on their platforms to gain [Read more]
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Stockreport

Video streaming services see downloads, active users drop in April, BofA report shows [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
Monday, citing data from Sensor Tower, likely pressured by heated competition in the segment and an uncertain economic outlook. Across all video streaming services, including Netflix , Paramount and Walt Disney, downloads and monthly active users (MAU) declined 4% in aggregate, according to the note. WHY IT'S IMPORTANT The streaming companies are seeing a slowdown in growth across their categories, with some analysts pointing to several markets reaching maturity, especially in the U.S. and cooling in demand post the pandemic-driven boom. BY THE NUMBERS Netflix saw a decline of 6% in downloads and 8% in MAU, while Disney's downloads fell by 26% and MAU by 10%. However, Warner Bros Discovery saw both year-on-year and month-on-month growth with about 11.8 million downloads and 48.6 million MAUs, said the research firm. WHAT'S NEXT Media companies are doubling down on international expansion, investing in sports streaming ventures and raising prices on their platforms to gain [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NFLX
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Price Change
Price Change %
Volume Shares
Max Up
Max Down
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
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
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