Netflix adds 8.3mn subscribers less than expected in Q4: Netflix stock slumps

Netflix

Netflix stock fell 25.87% last month. Netflix recently estimated that the company will add almost 2.5 million subscribers in the 1st quarter of 2022 (Q1 2022), but this number is almost 40% down from the same quarter last year (Q1 2021) when it was 4 million. Netflix’s customer acquisition growth still hasn’t reached pre-Covid levels. … Read more