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Netflix Stock Slides After Analyst Suggests Post-Password Crackdown Subscriber Slowdown
Netflix's password-sharing crackdown proved to be a major success in getting more people to sign up to its streaming service worldwide. But now that subscriber growth is set to slow after the benefits ...
Shares of Netflix fell 8.5% Thursday as investors reacted to analyst projections for slowing subscriber growth after the streamer’s record gains last year on its password-sharing crackdown. The ...
The shares of Netflix Inc (NASDAQ:NFLX) are down 4.5% to trade at $1,217.08 at last check, despite the streaming giant reporting a 46% profit increase for the second quarter and a 16% revenue jump.
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