Netflix shares on Tuesday plunged 36%, a day after the company revealed it lost 200,000 subscribers in the first quarter.
The drop in the share price to $224.96 in early morning 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 35%, according to FactSet. The biggest one-day price decline was on Oct. 15, 2004, when shares plummeted 41%, FactSet said.
