Facebook with Latestnigeriannews  Twieet with latestnigeriannews  RSS Page Feed
Home  |  All Headlines  |  Punch  |  Thisday  |  Daily Sun  |  Vanguard   |  Guardian  |  The Nation  |  Daily Times  |  Daily Trust  |  Daily Independent
World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  More Channels...

Viewing Mode:

Archive:

  1.     Tool Tips    
  2.    Collapsible   
  3.    Collapsed     
Click to view all Entertainment headlines today

Click to view all Sports headlines today

Millennials love Netflix stock, and it's not the only tech company they're investing in

Published by Business Insider on Fri, 14 Apr 2017


Millennials don't just love binge-watching Netflix, they also loveto binge on its stock, according to trading app Robinhood.Retail investors are generally bullish going into Netflix's earnings report on Monday, with 1.4 times more buying than selling, according to Robinhood. But those 30 and under are 30% more likely to buyNetflix stock than those over 30, and they are doing 1.6 times more buying than selling. Robinhood also found that those in California were more likely to buy Netflix.It probably helps these young investors' outlook that Netflix has become ubiquitous among their age group.In a recentsurvey of US college students, commissioned by LendEDU, only 8% of respondents said they didn't have a Netflix account. That means that a whopping 92% have Netflix. Netflix is also the most popular video platform among teens, beating out both YouTube and cable TV in a recent Piper Jaffray survey.Wall Street analysts are expecting Netflix's subscriber growth numbers, the big focus for investors, to come in at around the company's guidance.Snap judgmentNetflix isn't the only stock favorite among millennials. Following Snapchat parent company Snap's IPO, young investors were out in droves to buy."I bought it even when I was pretty positive I would not make a profit in the short run, but just because I am a fan of the product," Chris Roh, a 25-year-old software engineer in San Francisco, told Reuters."Snap's IPO revitalized investing among the younger generation," Robinhood cofounderBaiju Bhatt told USA Today. "We also saw a surge in new accounts, with many new customers opening up their first brokerage account."But investing in Snap has been a rocky road for these young investors so far. After closing at over $24 per share on its first day of trading, Snap has languished, and is trading at around $20.SEE ALSO:Netflix has a potential 'billion dollar' opportunity that it's just starting to exploreJoin the conversation about this storyNOW WATCH: NASA just discovered the first food source for potential aliens
Click here to read full news..

All Channels Nigerian Dailies: Punch  |  Vanguard   |  The Nation  |  Thisday  |  Daily Sun  |  Guardian  |  Daily Times  |  Daily Trust  |  Daily Independent  |   The Herald  |  Tribune  |  Leadership  |  National Mirror  |  BusinessDay  |  New Telegraph  |  Peoples Daily  |  Blueprint  |  Nigerian Pilot  |  Sahara Reporters  |  Premium Times  |  The Cable  |  PM News  |  APO Africa Newsroom

Categories Today: World  |  Sports  |  Technology  |  Entertainment  |  Business  |  Politics  |  Columns  |  All Headlines Today

Entertainment (Local): Linda Ikeji  |  Bella Naija  |  Tori  |  Daily News 24  |  Pulse  |  The NET  |  DailyPost  |  Information Nigeria  |  Gistlover  |  Lailas Blog  |  Miss Petite  |  Olufamous  |  Stella Dimoko Korkus Blog  |  Ynaija  |  All Entertainment News Today

Entertainment (World): TMZ  |  Daily Mail  |  Huffington Post

Sports: Goal  |  African Football  |  Bleacher Report  |  FTBpro  |  Kickoff  |  All Sports Headlines Today

Business & Finance: Nairametrics  |  Nigerian Tenders  |  Business Insider  |  Forbes  |  Entrepreneur  |  The Economist  |  BusinessTech  |  Financial Watch  |  BusinessDay  |  All Business News Headlines Today

Technology (Local): Techpoint  |  TechMoran  |  TechCity  |  Innovation Village  |  IT News Africa  |  Technology Times  |  Technext  |  Techcabal  |  All Technology News Headlines Today

Technology (World): Techcrunch  |  Techmeme  |  Slashdot  |  Wired  |  Hackers News  |  Engadget  |  Pocket Lint  |  The Verge

International Networks:   |  CNN  |  BBC  |  Al Jazeera  |  Yahoo

Forum:   |  Nairaland  |  Naij

Other Links: Home   |  Nigerian Jobs