in regard to one of my posts about netflix stock going down, a couple people have mentioned that there was a general dip in the stock market. i’m not an expert, so i decided to do a little comparison. (screencaps were all taken at 6:35 AM EDT, 6/25/17. however because the stock markets technically close on the weekends, the dates shown are for this past friday.)
there was indeed a dip in the stock prices for amazon as well. however, they have recovered pretty nicely.
not only is netflix stock worth significantly less, but it is also not recovering nearly quickly.
just food for thought.