netflix stock drop: Netflix Share Price Fall: Why did Elon Musk urge users to cancel Netflix subscriptions, boycott streaming platform? Market cap drops $17 billion. Here’s stock market impact
Netflix share price fall is attracting attention after Elon Musk urged users to cancel their subscriptions. The stock dropped in pre-market trading, reducing the company’s market value by billions. Investors and analysts are watching closely as the controversy around Netflix content impacts its shares.
Netflix share price fall
Netflix share price fall
Netflix share price fall continued in pre-market trading on Thursday. Shares dropped 0.8% to $1,162 per share on Nasdaq. This followed a 2.3% decline in the previous session. The stock is at a two-month low. If losses continue, it will mark a fourth consecutive day of decline.
