Netflix stock drops after Needham turns bearish, says company needs to add an ad tier
Shares of Netflix Inc. NFLX, -1.98% are off 2.4% in premarket trading after Needham analyst Laura Martin downgraded the stock to underperform from hold, writing that she expects the streaming giant to shed 4 million U.S. subscribers in 2020 due to the high price of its service relative to...
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