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Netflix shares fall on outlook of slowing growth

The Motley Fool +1 ·

NFLX Netflix Inc
$68.69 +1.76%
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  1. 1As of October 6, Netflix shares have declined 27% this year.
  2. 2Management projected median Netflix revenue of $51.2 billion for 2026.
  3. 3Netflix management decided to stop reporting quarterly subscriber numbers.

So what's the key point?

Netflix shares have dropped 27% so far this year. The stock price fell as management decided to stop announcing subscriber numbers every quarter.

Source The Motley Fool +1 · View original ↗

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