Netflix (NFLX) shares bounced back from an initial setback on Monday following technical difficulties during the highly anticipated boxing match between heavyweight champion Mike Tyson and YouTube personality Jake Paul.
The glitches have raised concerns about Netflix’s capability to deliver live events, especially with the NFL Christmas Day games approaching in just a month.
Viewers reported buffering interruptions and streaming problems during Friday night’s event, leading to thousands of outage reports on Downdetector.
Netflix has not yet responded to inquiries from Yahoo Finance regarding the issue.
Since the beginning of the year, Netflix shares have soared over 70%, surpassing competitors like Disney (DIS) and Comcast (CMCSA). Shares rose nearly 2% shortly after trading began on Monday.
Bandwidth issues were likely a contributing factor…
2024-11-18 11:59:22
Original article available at finance.yahoo.com
