How to take market leading hot stocks and turn them into “market perform” or even underperformers? Try a heafty dose of virtue signalling and political activity against conservatives. Nothing like pissing off 1/2 your customer base to cause “issues”.
I’ve included Netflix as it is in the F.A.N.G. group – a historically hot trade to buy the group. Some folks use Apple other use Amazon for the “A” – both doing better than the rest of the group. (FB, Netflix, Google/Alphabet). As FANG tends to trade together, I’m not surprised to see Neflix getting a bit of a hit along with the politically active fellows.