Netflix, Inc. (NASDAQ:NFLX) shares are trading lower Tuesday. Despite some recent gains, the stock has struggled over the past month.
What To Know: Netflix shares continued to slide on Tuesday, contributing to the stock’s nearly 15% downtrend through September and October. The stock did gain over the past week, possibly due to a Wall Street Journal report suggesting the company plans to raise prices after the actors strike ends. However, shares pulled back over 2% on Tuesday.
Netflix is also set to report its third-quarter earnings next Wednesday, with earnings per share estimated at $3.50 and revenue estimated at $8.53 billion.
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NFLX Price Action: Shares of NFLX were down 2.01% at $378.18 at the time of publication, according to Benzinga Pro.
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