Netflix (NFLX) Stock Slips After Botched ‘Love Is Blind’ Live Event

NFLX stock is sliding as it promises to upload the event later today

1h ago · By William White, InvestorPlace Writer

  • Netflix (NFLX) stock is dipping following a failed live event.
  • The company attempted a live stream for a Love Is Blind reunion.
  • Now, it’s promising to upload the episode later today.

FORGET A.I. – This Is the Tech You Should Buy Into in 2023

NFLX Stock - Netflix (NFLX) Stock Slips After Botched ‘Love Is Blind’ Live Event
Source: Kaspars Grinvalds / Shutterstock.com

Netflix (NASDAQ:NFLX) stock is slipping on Monday after the company’s attempt at a live event went wrong on Sunday.

The big problem the streaming service ran into was an outage. This caused its Love Is Blind reunion to be delayed. Eventually, the company had to promise to upload the live stream after it finished recording the special event.

Netflix suffered the wrath of angry viewers that complained about the failed live stream on social media. The company issued an apology but that doesn’t undo the damage of the failed event. It gives the company a bad look as its been trying to wade into the live television market.

NFLX’s Response to the Outage

Here’s what Netflix said in a tweet about the failed live stream:

“To everyone who stayed up late, woke up early, gave up their Sunday afternoon… we are incredibly sorry that the Love is Blind Live Reunion did not turn out as we had planned. We’re filming it now and we’ll have it on Netflix as soon as humanly possible. Again, thank you and sorry.”

Netflix followed this up with another tweet setting a premiere time for the Love Is Blind reunion. The company claims that the event will be available for viewing starting at 12:00 p.m. Pacific Time today.

NFLX stock is down 1.6% as of Monday morning.

There’s more recent stock market news traders will want to read about below!

5 STOCKS THAT COULD DOUBLE OR TRIPLE IN THE MONTHS AHEAD

We’re home to all of the biggest stock market news traders need to know about on Monday! That includes everything happening with shares of Presto Automation (NASDAQ:PRST), Moderna (NASDAQ:MRNA), and Nio (NYSE:NIO) stock. You can find more on these matters at the following links!

More Monday Stock Market News

On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

CommunicationsMediaStreaming

5 STOCKS THAT COULD DOUBLE OR TRIPLE IN THE MONTHS AHEAD


5 Hypergrowth Stocks to Buy for 2023

If you had bought Netflix after the dot-com crash, you could have turned $1,000 into over half a million dollars in profit.

And today — thanks to the tech crash — you have a similar opportunity…

Luke Lango just named 5 tech stocks with 10x potential.

Get the names of all 5 stocks here.

Additional insights

Scroll to Top