Netflix stock crash
Netflix stock is crashing. Wall Street expected Netflix to add 2.5 million subscribers but Netflix lost 200,000 subscribers. Further Netflix expects to loose another 2 million subscribers next quarter. This puts additional pressure on Netflix stock. In addition to Netflix this also puts a great deal of pressure on other streaming service providers as well in this very crowded streaming services space, which is also why Netflix stock is crashing.
#shorts #netflix #earnings