Netflix Stock Deflates to Two-Year Low. What Will It Take to Revive Revenue Growth?
The stock was down -7% in premarket trading Wednesday, to under $64/share, a decline of nearly 30% year-to-date to the lowest point since August.
Variety reports that the stock was down -7% in premarket trading Wednesday, to under $64/share, a decline of nearly 30% year-to-date to the lowest point since August.
This entertainment story centres on the United States. Names and organisations mentioned in the coverage include Netflix Stock Deflates, Two-Year Low and Revive Revenue Growth.
Why it matters
Stories from the arts and entertainment world often reflect wider cultural conversations.
Key details
- Location
- United States · Americas
- Reported by
- Variety
- First reported
- Key names
- Netflix Stock Deflates, Two-Year Low, Revive Revenue Growth, Shares of Netflix
- Section
- Entertainment
Sources
This is an independent summary. Read the full, original reporting from the publisher:
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