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Netflix Stock Continues To Fall After Subscriber News

Yesterday we reported on Netflix’s estimated subscriber loss due to the rate hikes on the service. Netflix stock was hit hard with the news that they might be losing approximately 1 million subscribers and Starz content in February.

At the time of writing this article, Netflix stock on NASDAQ (NFLX) is down another 6 points with a 4% loss still down from the 30 point loss yesterday and 13% overall.

Netflix will need to find a way to boost investor confidence in these hard times for the company to stay afloat and not further lose stock value and subscribers.

Learn more the author of this post:

Matt
I was a Computer and Information Technology student at Purdue University. I have always wanted my own website and have been fascinated with technology my entire life. So here I am, what's next?
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