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#Netflix shares crater 25% after company reports it lost subscribers for the first time in more than 10 years
https://www.cnbc.com/2022/04/19/netflix-nflx-earnings-q1-2022.html
#Netflix shares crater 25% after company reports it lost subscribers for the first time in more than 10 years
https://www.cnbc.com/2022/04/19/netflix-nflx-earnings-q1-2022.html
@lupyuen What seems to be missed from this article is that they actually would have increased their numbers of subscribers if it wasn't for blocking access in Russia.
It seems most investors just saw "lost subscribers" and panicked.