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Netflix Stock Tanks As Subscriber Numbers Drop

Megan Basham
Netflix Stock Tanks As Subscriber Numbers Drop
Katja Knupper/Die Fotowerft/DeFodi Images via Getty Images

Netflix is down nearly half a million subscribers in North America this quarter, leading to a stock drop of nearly 5% on Wednesday — the company’s biggest slide since its last poor earnings report in April.

This marks the first time the platform has lost domestic customers in two years.

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