Netflix Stock: Why are NFLX Shares Down This Week?
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最新报道：Netflix shares (NFLX) dropped nearly 9% this week after the streaming giant reported weaker-than-expected Q4 subscriber growth, adding just 13.1 million new users compared to analysts' projections of 13.5 million. The company also provided conservative Q1 2024 revenue guidance of $9.24 billion, below Wall Street's $9.28 billion estimate. While Netflix remains the streaming leader with 260 million global subscribers, investors expressed concerns over slowing growth in key markets and increased competition. The stock decline comes despite strong earnings of $2.11 per share, beating expectations, and positive developments in Netflix's advertising-supported tier and crackdown on password sharing.
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