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Netflix Stock Hits 2-Year Lows: Dan Ives Says Streamer Cut ‘Two of the Numbers That Matter Most'

Source: benzinga.com

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Netflix Stock Hits 2-Year Lows: Dan Ives Says Streamer Cut ‘Two of the Numbers That Matter Most'

Netflix shares hit new 52-week lows, at levels last seen in August 2024, after its third-quarter financial results reported Tuesday failed to win over investors. Analysts are lowering price targets and see further downside for the streaming company.

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