Netflix Stock Drops Sharply After Downgrades on Weaker Subscriber Outlook

It rained downgrades for Netflix’s stock across Wall Street on Friday as analysts commented on what was widely seen as a disappointing first-quarter subscriber outlook. As of 9:50 a.m. ET, the stock was down more than 22 percent to $392.82, giving the global streamer a market capitalization of $174 billion. “Tougher From Here,” was the […]