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The Economic Times
The Economic Times
Business

Netflix shares tumble over 10% as slowing growth, less viewership data spook investors

​Netflix shares sank more than 10% ​on Friday after the company forecast another quarter of slower revenue ​gains and scaled back viewership data, fueling fears that its industry-beating growth may have peaked.

The stock was close to a two-year low in early trading, with the decline set to wipe out $35 billion from Netflix's ‌market value of about $313 ⁠billion, ⁠if losses hold.

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