Netflix Stock Tumbles on Concerns About Slow Growth for Ad-Supported Tier
Briefly

Netflix shares dropped sharply as the markets opened Thursday, following a report that the streaming service's new ad-supported tier isn't pulling in the number of viewers promised, forcing it to allow advertisers to take money back.The stock fell 5.3% to $300.95 after the opening bell.Netflix shares closed Wednesday's trading down 41% from the start of the year, nearly three times the decline in the S&P 500.
Read at TheWrap
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