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Stock Market Today, Oct. 21: Netflix Cuts Ad Revenue Guidance, Stock Slides 5%
Source: Nasdaq
Corporate EarningsCorporate Guidance & OutlookMedia & EntertainmentCompany Fundamentals
Netflix closed at $65.04, down 5.31%, after reporting weaker Q4 revenue and weaker ad sales guidance. Investors are watching advertising growth and the company’s next-quarter outlook.
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