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Netflix Falls on Tepid Forecast, Signal to End Subscriber Gains

In Technology
April 19, 2024

(Bloomberg) — Netflix Inc. shares tumbled on Friday morning as a weak forecast for revenue and a warning that the streaming giant will stop reporting subscriber numbers in 2025 overshadowed an otherwise strong start to the year. Most Read from Bloomberg The stock dropped as much as 7.6%,to $564.20 in premarket trading in New York. […]