Netflix suffered a sharp blow on Friday after its shares tumbled more than 9% in premarket trading, as investors reacted negatively to the streaming giant’s latest earnings forecast, which fell short of Wall Street expectations. The decline deepened the company’s recent struggles on the stock…
Netflix Shares Sink Over 9% After Weak Forecast Raises Fresh Growth Concerns
Netflix suffered a sharp blow on Friday after its shares tumbled more than 9% in premarket trading, as investors reacted negatively to the streaming giant’s latest earnings forecast, which fell short of Wall Street expectations. The decline deepened the company’s recent struggles on the stock…