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

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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