3 Charts That Explain Netflix's Demise

Netflix (NASDAQ: NFLX) has long been a market darling, but lately the stock can't seem to do anything right.

After shares tumbled in January on a weak fourth-quarter earnings report, Netflix plunged again, hitting a four-year low Wednesday as it said it lost 200,000 net subscribers in the first quarter, and management forecast a decline of 2 million in the second quarter.

As a result, Netflix shares are now down 63% year-to-date, but the sell-off shouldn't come as a surprise. Netflix had long been able to deliver consistent growth, putting up an average of nearly 30 million subscriber additions annually over the last four years, but a sudden slowdown in key metrics shows why the stock has plunged. Let's take a look at a few of the numbers behind Netflix's big sell-off.

Source Fool.com