Netflix, Oracle, SpaceX Stocks Slump to 52-Week Lows Last Week Amid Growth and Debt Concerns

According to StockTwits, shares of Netflix (NFLX), Oracle (ORCL), and SpaceX (SPCX) fell to annual or historic lows last week, with NFLX dropping 7% and ORCL declining to $121.50 before recovering to close up 1.77%, while SPCX extended losses to close down more than 5% and hit an all-time low of $122.12, below its $135 IPO price.

NFLX tumbled as investors reacted negatively to weaker-than-expected third-quarter earnings guidance of $0.82 per share on $12.86 billion revenue. ORCL faced investor concerns over $95 billion in planned capital expenditures for fiscal 2027 and a debt raise of $40 billion, prompting S&P Global to downgrade its credit rating to BBB-. SPCX extended its post-IPO decline as the company delayed its Starship launch due to engine ignition issues; according to Reuters, SpaceX is targeting July 23 for the next launch attempt.