
Shares of Netflix Inc (NASDAQ:NFLX) are trading lower Tuesday afternoon, despite a lack of company specific news for the session. Here’s what investors need to know.
What To Know: The stock is potentially reacting to Monday’s news that Matt and Ross Duffer, the creative force behind the platform’s mega-hit Stranger Things, are leaving for an exclusive deal with Paramount Skydance Corp (NASDAQ:PSKY). The departure is seen as a creative blow to the streaming giant, directly impacting one of its most valuable franchises.