Netflix Shares Slide as Goldman Downgrades on Grim Economic Picture

over 2 years in theepochtimes

Netflix Inc. shares fell 5 percent on Friday after Goldman Sachs downgraded the streaming pioneer over risks of slower consumer spending and tough competition from Amazon and Walt Disney Co. In April, Netflix lost subscribers for the first time in more than a decade, signaling trouble ahead for the industry as rising prices of food […]

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