Should You Sell Netflix Stock as Elon Musk Calls for a Boycott?

Core Viewpoint - Netflix experienced a strong year with a 35% increase in stock price, but faced a temporary setback due to Elon Musk's call for subscribers to cancel their service, resulting in a 5% drop in stock value [1][7]. Group 1: Market Reaction - The call from Elon Musk led to a one-day decline of 5% in Netflix's stock, indicating a short-term market reaction to celebrity influence [1][7]. - Historical precedents show that comments from influential figures can impact stock prices significantly, as seen with Tesla and Snap [3][5]. Group 2: Long-term Outlook - Despite the recent decline, the long-term prospects for Netflix remain strong, suggesting that the company's underlying business fundamentals are more important than short-term fluctuations caused by external comments [6][7]. - The historical context indicates that while celebrity comments can cause immediate stock price drops, the long-term performance of a company is often determined by its own operational success [4][6].