Netflix shares down more than 20% after losing 200,000 subscribers in first quarter

Concerning news from Netflix’s earnings today. The streaming service reported that in the first quarter of 2022, it lost 200,000 subscribers — its first subscriber loss in over a decade. And its losses are expected to continue, as Netflix forecasts a global paid subscriber loss of 2 million for the second quarter. This loss comes … Continue reading Netflix shares down more than 20% after losing 200,000 subscribers in first quarter