Netflix (NFLX) is taking a beating on Wall Street. Shares of the streaming giant have cratered 52% since reaching record highs in November 2021. So far, 2022 has not aided the slump, with shares down a whopping 45% year-to-date.
“The concern is the the growth outlook,” Dave Heger, Edward Jones senior equity analyst, told Yahoo Finance Live, citing the company’s disappointing subscriber outlook as a catalyst for the sell-off.
In its latest earnings report, Netflix said it expects to add 7…
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