Lockdown favorites Netflix, Peloton, Zoom stare at rising costs - Hargreaves Lansdown

Zwahlen Et Mayr SA

06/04/2022 13:36

** Lockdown favorites Zoom Video Communications  ZM.O ,
Peloton Interactive  PTON.O  and Netflix Inc  NFLX.O  are
wrestling with higher costs, says brokerage Hargreaves Lansdown 
  
    ** Zoom's margins are expected to dip as it needs to spend
heavily to retain market share, while for Peloton all eyes are
on proof of path to profitability as research and development
spending rises
    ** NFLX competitors such as Disney+ are poised to take
market share and spending on content has risen as subscriber
growth soared during the pandemic - brokerage
    ** PTON, NFLX and ZM fall between 1.7% and 2.6% in premarket
trading
    ** Up to Tuesday's close, PTON, NFLX and ZM have tumbled
between 46% and 89% from their highs in the pandemic
    ** Up to last close, PTON down ~27%, ZM ~34% and NFLX ~37%
YTD

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How Zoom, Peloton and Netflix fared through the pandemic    https://tmsnrt.rs/3j8bH6K
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 (Reporting by Akash Sriram in Bengaluru)
 ((Akash.Sriram@thomsonreuters.com;))