There are now well more than a handful of premium direct-to-consumer streaming options for American consumers. Consumers canceled 20% of their subscriptions in the last six months of the year, up from 15% in 2019 (when there wasn't a raging pandemic). There's really only one big reason consumers sign up for or cancel a subscription: content.
Netflix (NFLX) closed the most recent trading day at $491.90, moving -1.6% from the previous trading session.
Netflix, Inc. (NASDAQ: NFLX) today announced it will post its second-quarter 2021 financial results and business outlook on its investor relations website at http://ir.netflix.net on Tuesday, July 20, 2021, at approximately 1:00 p.m. Pacific Time. At that time, the company will issue a brief advisory release via newswire containing a link to the second-quarter 2021 financial results and letter to shareholders on its website.