Analysts also raised doubts about business prospects of pandemic market favorites including Netflix and Peloton Interactive PTON.O on Thursday. Netflix Inc NFLX.O plunged 19.6% in premarket trading after the streaming giant fell short of market forecasts for new subscribers at the end of last year and offered a downbeat outlook for early 2022. The tech-heavy index has particularly come under pressure after rising Treasury yields and expectations of a more aggressive Federal Reserve in controlling inflation hit growth shares.