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Netflix tanks 37% after losing 200,000 subscribers

2022 is a bad year for Netflix. The company saw its worst performance on the bourses after its share crashed by around 37% in a single day, leaving investors in the red and questioning the company’s growth prospects.

The stock closed on the 19th of April at $348.61, a normal day for the stock which was consolidating in the range of $420–330 since February this year. However, 20th April spelled doom for the share as it opened at $245.20 per share, a 30% decline in price…..👇

Follow for more finance stories/news.

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