Netflix Stock Price CRASHES as They Lose Over 200k Subscribers

Channel:

KFC Radio

Subscribers:

199,000

Published on April 20, 2022 5:48:16 PM ● Video Link: https://www.youtube.com/watch?v=yigreIRm5A8

Duration: 0:58

2,604 views

74

etflix announced it's losing subscribers for the first time in nearly ten years, losing 200,000 paid subscribers, leading to a 40% stock price plummet. Nearly $45 billion in value and they say they expect to lose 2 million more.

Now they said it was because of unforeseen circumstances like the war in Russia they lost 700,000 subscribers.

They said larger macroeconomic issues as well as the classics: increased competition and password sharing.

Catch the rest of the podcast here: https://linktr.ee/kfcr


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