Netflix stock prices on track for biggest fall in over a decade

Published April 20, 2022 6:30pm ET



Netflix’s stock share plunge may send chills through shareholders’ spines after the streaming service reported its first subscriber decline in more than a decade.

Share prices dropped more than 30% on Wednesday morning, a drop reflective of some investors’ concerns regarding the brand’s growth as a streaming service as the COVID-19 restrictions that kept people largely confined to their homes begin to loosen.

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