Netflix experiences technical issues on the day of the final two "Stranger Things" episodes of the season; American Airlines is offering to raise pilot pay by 17% by the end of 2024; and the "Crypto Queen" is placed on the FBI's Top 10 Most Wanted List.
As Netflix (NASDAQ: NFLX) prepares to launch its ad-supported tier, rumors have swirled that an acquisition could be in the company's future to make the transition easier. One company that analysts have repeatedly mentioned as an option is the hardware and streaming service Roku (NASDAQ: ROKU). At the Cannes Lions advertising festival on June 23, Netflix Co-CEO Ted Sarandos confirmed that the company would launch an ad-supported tier soon.
Despite the recent drop in price, Netflix (NASDAQ: NFLX) still has a big opportunity. Watch this video to find out why I think this could be a potential buying opportunity. *Stock prices used were the midday prices of June 22, 2022.