{"id":81304,"date":"2022-04-20T02:27:41","date_gmt":"2022-04-20T06:27:41","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=81304"},"modified":"2022-04-20T02:15:45","modified_gmt":"2022-04-20T06:15:45","slug":"netflix-shares-crater-25-after-company-reports-it-lost-subscribers-for-the-first-time-in-more-than-10-years","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2022\/netflix-shares-crater-25-after-company-reports-it-lost-subscribers-for-the-first-time-in-more-than-10-years.html","title":{"rendered":"Netflix shares crater 25% after company reports it lost subscribers for the first time in more than 10 years"},"content":{"rendered":"\n<p>(CNBC) <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/NFLX\" target=\"_blank\">Netflix<\/a> on Tuesday reported a loss of 200,000 subscribers during the first quarter \u2014 its first decline in paid users in more than a decade \u2014 and warned of deepening trouble ahead. The company\u2019s shares cratered more than 25% in extended hours after the report on more than a full day\u2019s worth of trading volume. Fellow streaming stocks <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/ROKU\" target=\"_blank\">Roku<\/a>, <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/SPOT\" target=\"_blank\">Spotify<\/a> and <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/quotes\/DIS\" target=\"_blank\">Disney<\/a> also tumbled in the after-hours market after Netflix\u2019s brutal update.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2022\/04\/19\/netflix-nflx-earnings-q1-2022.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Netflix on Tuesday reported a loss of 200,000 subscribers during the first quarter \u2014 its first decline in paid users in more than a decade \u2014 and warned of deepening trouble ahead. The company\u2019s shares cratered more than 25% [&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-81304","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81304","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=81304"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81304\/revisions"}],"predecessor-version":[{"id":81305,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/81304\/revisions\/81305"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=81304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=81304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=81304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}