Netflix slides as weak profit, ad outlook intensify investor anxiety

FILE PHOTO: A man stands next to a logo of Netflix during an event in Mumbai, India, February 29, 2024. REUTERS/Francis Mascarenhas//File Photo

Oct 21 (Reuters) - Netflix shares dropped ⁠6% in premarket trading on Wednesday after the company cut its ⁠full-year advertising forecast and issued a tepid fourth-quarter profit outlook, deepening concerns ‌about slowing viewership and revenue growth.

The stock has declined more than 26% this year and, if current losses hold, the streaming giant is set to shed about $17 billion of its market value.

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资料照片：2024年2月29日，在印度孟买举行的一场活动中，一名男子站在Netflix的标志旁。路透社/弗朗西斯·马斯卡雷尼亚斯/资料照片

10 月 21 日（路透社）——Netflix 股价周三盘前交易下跌 6%，此前该公司下调了全年广告预期，并发布了疲软的第四季度盈利展望，加剧了人们对收视率和收入增长放缓的担忧。

该股今年已下跌超过 26%，如果目前的跌势持续下去，这家流媒体巨头的市值将蒸发约 170 亿美元。

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