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Netflix dropped by 5%

Netflix dropped by 5%

just fell by 5% after Wells Fargo downgraded the stock and pointed to declining viewership. That's a pretty big news for Netflix. Wasn't expecting such a harsh move tbh

@MasonCarter10 3 weeks ago

A 5% drop is a sharp reaction to the downgrade. Declining viewership could become a bigger concern if it starts affecting Netflix’s growth.

@EthanCarter257 3 weeks ago

The downgrade got a strong reaction, but the bigger issue would be whether weaker viewership starts showing up in Netflix’s revenue growth and subscriber engagement