When Facebook and Netflix both posted the first time they lost subscribers for a quarter their stock dropped by 20-30% respectively. Maybe this will end up being a domino effect and more tech companies will follow suit.
For example Amazon might’ve been a good bet. But unfortunately they’ve diversified to other areas like groceries, cloud computing, streaming, gaming, etc…
What other tech companies do you believe are not diversified enough, that you believe will end up posting negative growth like Netflix and Facebook?
Submitted April 23, 2022 at 03:38AM by Gloomy-Pineapple1729 https://ift.tt/YdR85rt