Netflix Stock Price Today: Shares Slip as Argus Cuts Target and Wall Street Rout Deepens

Netflix (NFLX) Shares Pull Back After a 30% Surge

On 21 January, while analysing the NFLX chart, we:→ identified a descending channel and a resistance zone around the $100 level;→ noted that Netflix shares were showing a sustained downtrend. Selling pressure had been triggered primarily by reports of a potential acquisition of Warner Bros. Discovery assets, with the market concerned that Netflix might take on multi‑billion-dollar debt and face intense antitrust scrutiny.Since then, the situatio…

Netflix Stock Price Today: Shares Slip as Argus Cuts Target and Wall Street Rout Deepens

Netflix shares fell 0.6% to $94.31 Thursday as the Nasdaq dropped 1.8% amid surging oil prices and a broad selloff. Argus cut its price target to $110 after Netflix exited its Warner Bros bid and took a $2.8 billion breakup fee. The company is refocusing on organic growth, buybacks, and a push into ads and content. Evercore ISI kept an Outperform rating and a $115 target. The post Netflix Stock Price Today: Shares Slip as Argus Cuts Target and W…