Contact Us

Netflix shares plunge more than 30% on lost subscribers

About 15 minutes into trading, shares were down 32.4 percent at $235.76 in the first session since the company's earnings report was released after the market closed on Tuesday.

Published April 20,2022
Subscribe

Netflix shares fell more than 30 percent early Wednesday after the streaming company reported a drop in subscribers for the first time in a decade.

About 15 minutes into trading, shares were down 32.4 percent at $235.76 in the first session since the company's earnings report was released after the market closed on Tuesday.