The streaming service’s shares have dropped nearly 70% in 2022. In a first-quarter report, Netflix noted a loss of 200,000 subscribers — its first subscriber decline since October 2011.
The success of the latest season of Stranger Things is not projected to offer enough help to right the streaming service’s subscriber trend.
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Stocks sweep higher on Wall Street as profit reports roll inInvestors were cheered by strong earnings reports and an ongoing decline in the price of gasoline, easing inflation fears. TIME'S UP: International Legal Forum calls on the ICC to investigate & prosecute Palestinian Authority leaders like President Abbas and PM Shtayyeh who engage in torturing Palestinians, including journalists, human rights activists, & members of LGBTQ What’s a “sweep higher?” Why are you lying? The price of gas always goes down after high demand July 4 th and frankly, people are trying to figure out how to drive less because of gas prices. Other indicators are still showing high inflation and and more cautious consumers.
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Netflix earnings are out - the company lost almost 1 million subscribers in Q2Netflix reported its latest quarterly earnings on Tuesday, July 19. The streamer lost a little less than 1 million subscribers.
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