Why Netflix Stock Took a Dive Today

Shares of Netflix (NASDAQ: NFLX) were pulling back today after the streaming giant issued a disappointing earnings report last night, posting lower subscriber additions than it had projected and saying that subscriber growth would be down year over year through the first half of 2021.

As of 12:22 p.m. EDT on Wednesday, the stock was down 6.3%.

Image source: Netflix.

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Source Fool.com