Netflix Stock Is Falling, And Billionaires Were Already Heading For The Exit
Yahoo Finance ·
Netflix Stock Is Falling, And Billionaires Were Already Heading For The Exit Fahad Saleem Mon, September 28, 2026 at 9:08 AM EDT 2 min read NFLX Netflix (NASDAQ:NFLX) is down about 22% so far this year amid competition and weak numbers. Insider Monkey's proprietary database of billionaire-held stocks shows that billionaires were bailing out on a net basis earlier this year. A total of 29 billionaire-led funds had stakes in the company as of the end of the second quarter, compared with 38 funds in the prior quarter. In the last quarter of 2025, about 34 billionaire-led funds had a position in the stock. Don't Miss: Are Investors Too Worried About Netflix's (NFLX) Growth? Netflix is facing growing competition, slowing revenue growth and concerns about weak engagement. HSBC recently downgraded the stock to Hold from Buy. The firm believes Netflix is losing viewing time to YouTube, which is offering creators higher payments, direct financing and stronger marketing support in exchange for exclusive content. YouTube is also introducing features designed to present videos as episodic series, making it a more direct competitor to traditional streaming platforms. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy . Disclosure: None. Follow Insider Monkey on Google News .
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