Netflix (NFLX) shares plunged more than 20% on Friday — its biggest decline since October 2014 — after the streaming giant reported slowing subscriber growth in the fourth quarter, amid an already crowded streaming landscape. The platform added a relatively weak 8.3 million subscribers in Q4, and 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. But top media analysts have argued that this is not time… Source link
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