Netflix Stock Forecast: Algorithm Predicts NFLX Crash 19.59% in 90 Days

Netflix, Inc. (NFLX) Stock Declines by 19.59%

Netflix, Inc. (NFLX) was a bottom 10 stock pick recommended to short to I Know First subscribers on July 18th for the 3-month time horizon. NFLX had a strong negative signal of -16.63 and a predictability of 0.17. As predicted,NFLX plummeted 19.59%.

 Netflix Stock Forecast

Netflix, Inc. is an American provider of on-demand Internet streaming media available to viewers in North and South America, the Caribbean, and parts of Europe. In 2013 Netflix reported an operating income of 228 million. The company is currently expanding in Europe and Asia, as well as creating its own original in house series to increase revenues.

Before making any trading decisions, consult the latest forecast as the algorithm constantly updates predictions daily. While the algorithm can be used for intra-day trading the predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.

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