Today news
About the same in other media
Netflix stock drops 30% as analysts question strength of model
Reading now: 369
fnlondon.comNetflix shares were on course for their worst day in nearly a decade after the streaming giant reported that it lost subscribers in the first quarter.
Shares shed a quarter of their value in premarket trading on 20 April. Investors had expected that the company would add new users in the first quarter. Instead, Netflix said it ended the first three months of the year with 200,000 fewer subscribers than it had in the fourth quarter and said it expected to lose two million global subscribers in the current quarter.
If...
Read more on fnlondon.comAbout this in other media
More than a quarter of Netflix’s UK subscribers share passwords theguardian.com /2 years ago
Crypto Market Drops Alongside Stocks on Global Worries; Australian Spot Bitcoin ETF Set for Debut cryptonews.com /2 years ago
Therese Poletti: Are you sharing a Netflix password? Not for long fnlondon.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
