Netflix shares drop 25% after service loses 200K subscribers - 1News


4/20/2022 12:00:00 AM3 yearsago

The drop this year stemmed in part from Netflix's decision to withdraw from Russia to protest the war against Ukraine, resulting in a loss of 700,000 subscribers.

Netflix suffered its first subscriber loss in more than a decade, causing its shares to plunge 25% in extended trading amid concerns that the pioneering streaming service may have already seen its be… [+4907 chars]

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