Netflix Shares Sink After Report of Weaker Ad Demand
THR, Esq. 2022-12-15
Summary:
Shares of Netflix took a hit Thursday, after a report that the company’s new advertising tier has not hit its viewership targets. The stock closed Thursday at $290.41, after dropping about 9 percent throughout the day. A Digiday report said that Netflix had allowed advertisers to take back money for ads that had not yet […]