Netflix is on pace for its worst day in two years

Netflix is on pace for its worst day in two years

6 years ago
Anonymous $hM_jrxqbr-

https://www.cnbc.com/2018/07/17/netflix-stock-drops-on-pace-for-worst-day-in-two-years.html

Netflix is on pace for its worst day in two years, down roughly 10 percent following a big miss on subscriber growth.

Shares fell as low as $344 in the first half hour of trading Tuesday before paring some losses. The stock closed Monday at $400.48, making for the stock's biggest single-day drop since July 19, 2016 when it fell 13 percent after a similar earnings report of weaker-than-expected subscriber growth.

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