Netflix Is Out of Favor—and That’s Why It’s Getting Interesting

As we head into the final few sessions of 2025, Netflix (NASDAQ:NFLX) is on track to finish Q4 as one of the market's clear laggards. Shares of the streaming giant fell roughly 20% over the period, sharply underperforming the S&P 500, which logged a gain of more than 3%. In the broader context, Netflix is trading back near where it stood this time last year, having lost more than 30% since its all-time high in July. Starting with October's earnings report, it was a clear disappointment that set the tone for ...