Shares of streaming giant Netflix Inc (NASDAQ: NFLX) closed Wednesday just below the $1,180 mark, leaving the stock roughly 15% off its early-July peak. That stumble starkly contrasts with the S&P 500’s nearly 3% gain over the same stretch. The divergence is striking, puzzling, and potentially worrying - all at the same time. It will also be a bitter pill for investors enjoying one of the cleanest multi-year rallies among the big tech names.
Still, there are reasons to think we’re looking at a golden entry opportunity. Let’s look at two of the top reasons to be brave and one that says to still be wary.
