Netflix shares crater 23% after company reports it lost subscribers for the first time in more than 10 years - CNBC

4/19/2022 12:00:00 AM3 yearsago
by Sarah Whitten
by Sarah Whitten
It's the first time the streamer has reported a subscriber loss in more than a decade.
Shares of Netflix cratered more than 24% on Tuesday after the company reported a loss of 200,000 subscribers during the first quarter. It's the first time the streamer has reported a declining paid u… [+2694 chars]
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