Netflix Stock Price Drops 35%, Posting Biggest Fall Since 2004 - The Wall Street Journal
4/20/2022 12:00:00 AM3 yearsago
by Caitlin Ostroff, Gunjan Banerji
by Caitlin Ostroff, Gunjan Banerji
For the second time this year, shares of streaming company fell sharply after it disappointed investors
Netflix Inc. shares fell 35.1% on Wednesday, recording their worst day since 2004, after the streaming giant reported that it lost subscribers in the first quarter. William Ackman, the billionair… [+312 chars]
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