Netflix shares fell over 10% premarket after the company forecast another quarter of slower revenue growth and reduced viewership data. The update reinforced fears that its industry-leading growth may be peaking, increasing caution around near-term fundamentals despite past outperformance.
Netflix shares fell over 10% premarket after the company forecast another quarter of slower revenue growth and reduced viewership data. The update reinforced fears that its industry-leading growth may be peaking, increasing caution around near-term fundamentals despite past outperformance.
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moderately negative
Sentiment Score
-0.55
Ticker Sentiment
