Netflix Shares Drop 25% After Service Loses 200k Subscribers

Netflix Shares Drop 25% After Service Loses 200k Subscribers

Newsy

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Watch VideoNetflix suffered its first subscriber loss in more than a decade, causing its shares to plunge 25% in extended trading amid concerns that the pioneering streaming service may have already seen its best days.

The company’s customer base fell by 200,000 subscribers during the January-March period, according to its...

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