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.
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
See Options
Already a member? Log in
Already a print subscriber? Click here to login/register your account
