The actions of Netflix lost more than a third of its value on Tuesday after it reported its first drop in subscribers in a decade, leaving Wall Street to question its growth in the face of fierce competition and post-pandemic viewer fatigue.
After the first negotiations on Wall Street, the shares of the streaming pioneer fell 35% to $223 and they were headed for their worst day in a decade if losses continue. At least a dozen analysts were quick to temper their views on a stock that has been an outstanding performer in recent years.
