Down 17%, Is Netflix a Buy After Walking Away From Warner Bros. and Roku?
Key takeaways
- It s now official that Fox has reached an agreement to acquire the popular streaming platform in a $22 billion deal, which means if the reports about Roku are accurate, Netflix has now missed on two deals this year.
- Wall Street believes failure to win these deals indicates a weakening growth story, but is that the right interpretation?
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
John Ballard, The Motley Fool Sun, June 21, 2026 at 9:58 PM GMT+7 3 min read NFLX ROKU NVDA Netflix (NASDAQ: NFLX) stock is down 17% year to date and slipped again on June 16 after reports linked the company to a failed bid for Roku. It s now official that Fox has reached an agreement to acquire the popular streaming platform in a $22 billion deal, which means if the reports about Roku are accurate, Netflix has now missed on two deals this year. Earlier this year, Netflix walked away from Warner Bros. after Paramount Skydance swooped in with a better offer.
Wall Street believes failure to win these deals indicates a weakening growth story, but is that the right interpretation?
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »