Netflix plunges 14 percent on weak subscriber growth

 

Netflix missed its subscriber addition projections for the first time in five quarters, leading shares to tumble more than 14 percent Monday in after-hours trading. 

Netflix plunges 14 percent on weak subscriber growth

Has anything happened at Netflix this past quarter that might have had such an impact?  Hmm.  Let’s see.

Barack and Michelle Obama sign multiyear deal with Netflix – CNBC.com

https://www.cnbc.com/…/barack-and-michelle-obama-sign-multi-year-deal-with-netfli

May 21, 2018 – The Obamas are headed to Netflix. The company announced Monday that the former first couple have signed a multiyear agreement to …

Oh.  Yeah.  There’s that. 

Clue phone, Netflix!  It’s for you!

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