Netflix (NASDAQ: NFLX) has had a rough 2022 so far. The company reported a loss of 200,000 subscribers in its fiscal first quarter, and it expects to disclose another 2 million lost in its second-quarter earnings report later this month. Subsequently, Netflix's share price has been tracking below the S&P 500 index for several months, and it has cut hundreds of jobs. Read More...
Netflix (NASDAQ: NFLX) has had a rough 2022 so far. The company reported a loss of 200,000 subscribers in its fiscal first quarter, and it expects to disclose another 2 million lost in its second-quarter earnings report later this month. Subsequently, Netflix’s share price has been tracking below the S&P 500 index for several months, and it has cut hundreds of jobs.