Netflix slides even after landing 13 Oscar nominations, including best picture
https://www.cnbc.com/2019/01/22/netflix-slides-even-after-landing-13-oscar-nominations.html
Shares of Netflix slid 3 percent Tuesday, even though the streaming company secured 13 Oscar nominations, including a best picture nod for "Roma."
The market overall was in the negative Tuesday morning amid fears of an economic slowdown, with the tech-heavy Nasdaq Composite Index dropping over 1 percent. Netflix's relatively greater drop seemed surprising on a morning when its films were being celebrated. Netflix received more Oscar nominations than any other studio besides Walt Disney Studios (16 nods) and Fox Searchlight (15).
Netflix slides even after landing 13 Oscar nominations, including best picture
Jan 22, 2019, 5:47pm UTC
https://www.cnbc.com/2019/01/22/netflix-slides-even-after-landing-13-oscar-nominations.html
> Shares of Netflix slid 3 percent Tuesday, even though the streaming company secured 13 Oscar nominations, including a best picture nod for "Roma."
> The market overall was in the negative Tuesday morning amid fears of an economic slowdown, with the tech-heavy Nasdaq Composite Index dropping over 1 percent. Netflix's relatively greater drop seemed surprising on a morning when its films were being celebrated. Netflix received more Oscar nominations than any other studio besides Walt Disney Studios (16 nods) and Fox Searchlight (15).