Netflix closes down 35% wiping more than $50 billion off market cap - CNBC
4/20/2022 12:00:00 AM3 yearsago
by Jessica Bursztynsky, Sarah Alessandrini
by Jessica Bursztynsky, Sarah Alessandrini
Shares of Netflix plunged Wednesday after the streamer reported it lost subscribers in its most recent quarter.
Shares of Netflix closed down more than 35% Wednesday after the streamer reported earnings Tuesday evening that showed it lost subscribers for the first time in more than 10 years. The results and we… [+2891 chars]
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