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Barchart
Barchart
Amit Singh

Dear Netflix Stock Fans, Mark Your Calendars for October 20

Netflix NFLX

Netflix (NFLX) will release its third-quarter financial results on Tuesday, Oct. 20. Ahead of the announcement, NFLX shares have been under considerable pressure, with the stock down about 26% so far this year and trading more than 44% below its 52-week high.

The recent decline reflects growing concerns about Netflix’s growth prospects and the increasingly competitive streaming market. The company’s third-quarter outlook came in weaker than analysts expected, raising questions about whether revenue and earnings growth could slow in the coming quarters.

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