Netflix Stock Declined Last Week, Viacom/DISH Up

Netflix was the clear stock share price loser for the week of April 18, dropping 14% to $95.90, according to Cablefax’s week in review of media and telecom stocks. It disappointed Wall Street by posting weak subscriber gains for the current quarter, but also, streaming competitor Amazon announced a monthly plan for subscribers. Rather than having to pay for a full year of Amazon Prime to watch video, the retail giant is letting customers pay for a video-only service for $8.99 a month. Meanwhile, in the winners’ circle are both Viacom and Dish, which gained 11.59% ($46.50 a share) and 11.49% ($49.76 a share), respectively, at the close of the week. Investors appear to be satisfied by the deal the two companies came to after a standstill. See the full chart of winners and losers below.

Stock share price winners:

1. VIACOM:……………………………………………………………..46.50……….11.59%
2. DISH:…………………………………………………………………..49.76……….11.49%
3. HARMONIC:…………………………………………………………..3.61……….. 9.06%
4. NEXSTAR:……………………………………………………………50.85……….. 7.66%
5. GRAY TELEVISION:……………………………………………..12.73……….. 6.44%

Stock share price losers:

1. NETFLIX:……………………………………………………………..95.90…………(14%)
2. MICROSOFT:……………………………………………………….51.78………(6.95%)
3. ADDVANTAGE:………………………………………………………1.76………(5.38%)
4. GOOGLE:…………………………………………………………..718.77………..(5.3%)
5. SYNACOR:…………………………………………………………….1.38………(4.17%)