Tuesday, April 19, 2022

Netflix shares slump 20% after streaming giant reveals it's losing subscribers

NETFLIX EARNS

Global streaming giant Netflix Inc. on Tuesday reported losing subscribers for the first time in more than a decade and predicted more contraction in the second quarter, a rare miss for a company that has been a reliable growth engine for investors.



source https://www.cbc.ca/news/business/netflix-earnings-subscribers-1.6423807?cmp=rss

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