Netflix tends to see a very weak seasonal period at the end of July. The reasons for this pattern are not obviously clear, but they are very notable.
Take a look at the details here.
Over the last 20 years Netflix shares have dropped 16 times between July 13 and July 26 over the last 20 years. The largest loss was a huge 40% drop during 2004. The largest gain was a still impressive 19.51% in 2017. Either way, this is a volatile time for Netflix.
More falls ahead for July? Will recession fears weigh on Netflix stock?
Major Trade Risks:
Any positive results for Netflix can negate this outlook or positive global growth sentiment.
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