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.
- Economy
- AFP
- Published Date: 04:58 | 20 April 2022
- Modified Date: 05:28 | 20 April 2022
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.
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