https://citizenfreepress.com/breaking/netflix-stock-is-crashing-25-in-after-hours/

Posted by Kane on April 21, 2022 1:19 am

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Bill Ackman takes $400 million loss on Netflix position.

Latest Netflix quote…

Full story on Ackman’s loss…


Netflix on Tuesday reported a loss of 200,000 subscribers during the first quarter — its first decline in paid users in more than a decade — and warned of deepening trouble ahead.

Netflix is forecasting a global paid subscriber loss of 2 million for the second quarter. The last time Netflix lost subscribers was October 2011. “Our revenue growth has slowed considerably,” the company wrote.

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