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Netflix stock is plummeting after it missed subscriber targets by almost 1M

Jul 16 2018 by Fast Company

The stock is in a free-fall after missing key metrics.

Netflix stock is currently in a free-fall in after-hours trading. The stock is currently down by over 13%, after it significantly missed subscriber targets. The company expected to hit 5.11 million subscribers globally and 1.23 million subscribers domestically, but it actually hit 4.5 million and 700,000, respectively.

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Continue Reading Netflix stock is plummeting after it missed subscriber targets by almost 1M