MARKETS

Netflix Shares Tumble the Most in Nine Months

Netflix shares fell on Friday after a weak forecast for revenue and a warning that the streaming giant will stop reporting subscriber numbers in 2025 overshadowed an otherwise strong start to the year. Needham & Co senior entertainment and internet analyst Laura Martin joins Ed Ludlow to explain why the firm still raised its Netflix price target on "Bloomberg Technology." (Source: Bloomberg)

Kgaogelo MatshwiKgaogelo Matshwi
Apr 19, 2024 - 21:55
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Netflix Shares Tumble the Most in Nine Months
Netflix shares fell on Friday after a weak forecast for revenue and a warning that the streaming giant will stop reporting subscriber numbers in 2025 overshadowed an otherwise strong start to the year. Needham & Co senior entertainment and internet analyst Laura Martin joins Ed Ludlow to explain why the firm still raised its Netflix price target on "Bloomberg Technology." (Source: Bloomberg)
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