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Netflix Stock Drops After Losing Nearly 500,000 Subscribers

Hector Vivas/Latin Content/Getty Images

WARNER TODD HUSTON

Breitbart

Netflix stock tumbled five percent after revealing that it lost nearly 500,000 subscribers and missed its projected growth rate by more than two million new subscribers.

With a report of the loss of 430,000 subscribers, the lost customers marks the first time the streaming giant has seen such a deficit in more than two years, according to the Financial Times.

Click the link below to read the rest of this story.

https://www.breitbart.com/entertainment/2021/07/22/netflix-stock-drop-after-losing-nearly-500000-subscribers/

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