Not to point out the Elephant in the room, but they went Woke & Broke. Easy to blame it on Putin now of course, "We lost Russian subscribers!"
Billionaires will not give $500,000 to small businesses but they lose $100 million+ in stock markets gambling and casinos
no. Their stock has fallen like all tech companies as their market is getting more saturated. It has nothing to do with their content. Whose cancelling Netflix because of their “woke” programming? Whose cancelling Netflix because they can only justify one service and Hulu and Disney have classic movies and characters?
Man loses $430 million from Netflix crash ----> Falling knife catcher Man loses $430 million from Netflix crash AND Traders made millions from Netflix crash The foolish man's loss is the traders' gain.
The stock of netflix has corrected more than 75 % in last 8 , 9 months . So , the man who lost 430 million dollar is a trader then it is proved a blood bath trade for him . If he is an investor , netflix can give him better returns in future .