NFLX stock fell 4.78% in July as investors reacted to higher content costs and a dropped acquisition, despite strong Q2 results.
Netflix (NFLX) closed at $73.68 on July 15, 2026, reflecting a 4.78% decline for the month and a 42.17% drop over the past year. The company’s market capitalization stands at $310.25 billion.
Despite beating Q2 revenue estimates and maintaining full-year guidance, NFLX shares underperformed due to concerns over rising content costs, the abandonment of a major acquisition, and the upcoming departure of its co-founder from the board. The stock’s weakness contrasted with its strong operational performance.
Investors focused on the company’s Q2 outlook, which signaled near-term margin pressure, overshadowing its expansion into advertising and live events.