2022-12-31

Woke Fail: Netflix Shares Plummet More Than 50 Percent in 2022 — Worst Year in More than a Decade

For 2022, Netflix shares dropped 50.6 percent, the most the stock has declined on an annual basis since 2011. For the first time, the once-invincible company lost subscribers for two consecutive quarters, ushering in a period of painful belt-tightening that has included several h

Breitbart Reports: "Netflix has closed out its worst year in more than a decade, with its stock plunging more than 50 percent and wiping out a staggering $136 billion in market value."

"For 2022, Netflix shares dropped 50.6 percent, the most the stock has declined on an annual basis since 2011. For the first time, the once-invincible company lost subscribers for two consecutive quarters , ushering in a period of painful belt-tightening that has included several hundred layoffs."

"Netflix’s decline outpaced the Nasdaq, which was down 33.1 percent for the year."

"The left-wing streamer, which continues to have a production deal with Barack and Michelle Obama, is being forced to try new ways to juice revenue. Netflix broke its promise to never have commercials by launching an ad-supported tier in a bid to tap into the advertising market in the face of uncertain subscriber growth."

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  • notwokeshows

    notwokeshows

    from the old Disqus comment system

    Dec 31, 2022

    Netflix lost me when it published its psuedo-documentary, "Cuties', that sexualized young girls. Netflix argued that the film was misunderstood and that criticism of it was unfair. However, people weren't fooled and many viewers with traditional values bailed. Buh-bye Netflix. Please try to find content that actually improves the moral fabric of our society.

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