Netflix (NFLX) has been on a wild ride after reporting slowing subscriber growth in the fourth quarter, amid an already crowded streaming landscape.
The stock plunged more than 20% following the results, which showed a relatively weak 8.3 million subscribers in Q4. The platform also forecasted a net add of only 2.5 million subscribers in the current quarter, compared to 3.98 million during the first quarter last year.
The streaming giant’s currently trading between a range of $350-$375 per…
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