Get all your news in one place.
100's of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
AJ Fabino

Here's How Much Reed Hastings, Bill Ackman And Baillie Gifford Lost On The Netflix Plunge

Netflix Inc (NASDAQ:NFLX) subscriber base had been steadily increasing for more than a decade, until the company announced first-quarter earnings on Tuesday, revealing it had lost 200,000 users despite expecting to acquire 2.5 million.

“Our revenue growth has slowed considerably,” Netflix informed its stockholders.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.