This advertisement has not loaded yet, but your article continues below. Netflix predicted its subscriber growth during the July-September period will be similar to the numbers posted from April through June. “It will be a challenge for Netflix to sustain this pace of subscriber growth in the future,” Cohen said. Even though Netflix has bounced back this year, analyst Jesse Cohen believes another slowdown may be coming. Money manager Louis Navellier said Netflix now appears “locked and loaded” again after going through a turbulent stretch that included losing 1.2 million subscribers during the first half of last year. The drop could also reflect some investors locking in profits that have accrued while the shares have climbed by more than 50% so far this year. Netflix’s stock price fell 8% in Wednesday’s extended trading.

that threaten to clog the pipelines feeding entertainment to streaming services. Investors seemed unsatisfied, perhaps rattled by management commentary in a shareholder letter warning that “quite a competitive battle” continues to unfold against the backdrop of ongoing strikes by both the writers and actors union in the U.S. Manage Print Subscription / Tax Receipt.

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