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    Netflix stock plunges 35% after first-quarter subscriber loss

    Netflix shares on Wednesday plunged 35.1%, a day after the company revealed it lost 200,000 subscribers in the first quarter. The drop in the share price to $226.19 at the close of trading was the steepest in a decade for Netflix. The last time the company had such a large decline in a single day was on Oct. 11, 2011, when the stock dropped 34.9%, according to FactSet. The biggest one-day ...
    by Wendy Lee, Los Angeles Times Apr 20, 2022 2 minutes
    Netflix shares on Tuesday plunged 36%— its steepest decline in a decade— a day after the company revealed it lost 200,000 subscribers in the first quarter.

    Netflix shares on Wednesday plunged 35.1%, a day after the company revealed it lost 200,000 subscribers in the first quarter.

    The drop in the share price to $226.19 at the close of trading was the steepest in a decade for Netflix.

    The last time the company had such a large decline in a single day was on Oct. 11, 2011, when the stock dropped 34.9%, according

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