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Benzinga
Benzinga
Business
Anusuya Lahiri

Why Is Netflix Stock Falling Monday?

Netflix Cash Counterbid

Netflix Inc. (NASDAQ:NFLX) stock fell nearly 1% in Monday’s premarket trading after closing 7.3% lower in the previous session. The decline came as analysts cut their price forecasts following the company’s latest earnings report, despite a broader risk-on backdrop that lifted S&P 500 futures by 0.4%.

Netflix Analysts Cut Forecasts After Earnings

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