Netflix (NFLX) Loses Subs For First Time In A Decade, Stock Plummets

Nobody thought that they would lose so many subscribers, says Hatem Dhiab. He and Anthony Bartolacci discuss Netflix (NFLX) as its shares plummeted after seeing its first subscriber loss in over a decade. They talk about how NFLX expects to lose 2 million subscribers in the current quarter. Bartolacci also says that Disney+ outperformed NFLX in Latin America, Asia, and the Pacific Region countries. They also go over how NFLX’s account sharing crackdown will impact the stock. Tune in to find out more.