Why Netflix Plunged by 71% in the First Half of 2022

Shares of Netflix (NASDAQ: NFLX) plunged by 71% in the first half of 2022, according to data provided by S&P Global Market Intelligence.

The streaming TV giant saw its share price catapult 85% from the beginning of 2020 through the end of last year but has lost all of that and more in just six months this year.

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Source Fool.com