Netflix Inc (NFLX) is trading at $78.25 down 5.35% over the past 24 hours. Its Galaxy Score is 51.6, LunarCrush's combined measure of market and social performance. Over the last 24 hours it has seen 372.5K engagements and 989 posts with 77% positive social sentiment.
AI summary: Netflix, Inc. ($NFLX) is a leading global subscription-based streaming entertainment platform trading under the Communication Services sector. The stock suffered a $16B wipeout following price hike rollouts in Europe (UK and Germany) which failed to break the key $82 resistance level, accelerating toward $76 support. Technical analysis points to a bearish Elliott Wave pattern with a target of $76-$74 or lower, while social metrics show a mix of concern over subscriber churn from price hikes and optimism regarding the rapidly scaling ad-tier business.