{"id":77963,"date":"2021-04-21T00:44:42","date_gmt":"2021-04-21T04:44:42","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=77963"},"modified":"2021-04-21T00:40:45","modified_gmt":"2021-04-21T04:40:45","slug":"netflixs-correction-quarter-streaming-giant-stumbles-after-benefiting-from-early-pandemic-surge","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2021\/netflixs-correction-quarter-streaming-giant-stumbles-after-benefiting-from-early-pandemic-surge.html","title":{"rendered":"Netflix\u2019s correction quarter: Streaming giant stumbles after benefiting from early pandemic surge"},"content":{"rendered":"\n<p>(CNBC) Shares slumped more than 10% after hours after Netflix announced it had added just under 4 million subscribers in the first quarter \u2014 missing the company\u2019s forecast of 6 million. Netflix also said it expected a mere 1 million paid net additions for the second quarter. To put that in perspective, Netflix added <a href=\"https:\/\/www.cnbc.com\/2020\/07\/16\/netflix-nflx-q2-2020-earnings.html\">10 million subscribers<\/a> in last year\u2019s second quarter.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2021\/04\/20\/netflix-correction-quarter-streaming-giant-stumbles.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Shares slumped more than 10% after hours after Netflix announced it had added just under 4 million subscribers in the first quarter \u2014 missing the company\u2019s forecast of 6 million. Netflix also said it expected a mere 1 million [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-77963","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77963","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=77963"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77963\/revisions"}],"predecessor-version":[{"id":77964,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/77963\/revisions\/77964"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=77963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=77963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=77963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}