Previous close | 1.2100 |
Open | 1.1000 |
Bid | 1.5800 |
Ask | 1.7900 |
Strike | 780.00 |
Expiry date | 2024-07-19 |
Day's range | 1.1000 - 1.2100 |
Contract range | N/A |
Volume | |
Open interest | 96 |
Video streaming services saw a drop in downloads and active users during April, a research note by Bank of America showed on Monday, citing data from Sensor Tower, likely pressured by heated competition in the segment and an uncertain economic outlook. Across all video streaming services, including Netflix , Paramount and Walt Disney, downloads and monthly active users (MAU) declined 4% in aggregate, according to the note. Netflix saw a decline of 6% in downloads and 8% in MAU, while Disney's downloads fell by 26% and MAU by 10%.
Netflix and Starbucks have been highlighted as Zacks Bull and Bear of the Day.
Netflix recently enjoyed a solid quarter, posting $2.1 billion in free cash flow and seeing meaningful margin expansion.