Netflix shares fell for an eighth consecutive session on June 3, 2026, marking the longest losing streak since November 2022 as the stock declined 2.6% to $81.21.
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Netflix extends losing streak to 8 days, worst run since 2022
Netflix Inc. fell 2.6% to $81.21 on Wednesday, extending its losing streak to eight consecutive sessions — the longest such run since November 2022.
The streaming giant has now declined 8.77% over the eight-day stretch, with the stock touching an intraday low of $81.34, its weakest level since Feb. 25, according to Dow Jones Market Data. Netflix is down 13.11% year-to-date and 39.17% below its all-time closing high of $133.91 from June 30, 2025. The stock has fallen in 10 of the past 11 trading sessions and is on pace for its lowest close since Feb. 24, when it settled at $78.04.
The selloff comes even as the company expands its advertising business and maintains shareholder-friendly capital allocation policies. The eight-day losing streak matches the one that ended Nov. 7, 2022, and marks the worst eight-day stretch since the period ending April 28, 2026, when the stock fell 14.4%. Netflix is down 34.28% from 52 weeks ago, when it closed at $123.97.
The prolonged decline raises questions about Netflix's growth trajectory as competition intensifies from rivals including Walt Disney Co.'s Disney+ and Amazon.com Inc.'s Prime Video. The stock remains 7.39% above its 52-week closing low of $75.86 from Feb. 12, suggesting further downside risk if selling pressure persists. Netflix's next major catalyst will be its second-quarter earnings report, due in July, when investors will scrutinize subscriber additions and advertising revenue progress.
This article is for informational purposes only and does not constitute investment advice.
[1] Netflix stock heads for worst losing streak in nearly four years[2] Netflix Stock Is on Track for Its Longest Losing Streak Since 2022[3] Netflix Currently Down Eight Consecutive Days, on Pace for Longest Losing Streak Since November 2022 — Data Talk[4] Netflix continues losses for seven straight sessions[5] Why Did Netflix Stock Fall Even Though the Business Kept Growing?
