Thursday, October 1, 2020
Show TE Archives:
Netflix stock tanking as viewers unsubscribe over Cuties: #CancelNetflix

The stock of streaming giant Netflix took a considerable plunge on Monday, with experts chalking up the bad news for the company to a backlash over the French film Cuties. Netflix’s stock opened Monday at $480, a decline

from its value last week of around $523. The decline is easily visible on index trackers, and the blowout correlates almost exactly to the wave of public discontent over the film.

Click on the headline and read the rest of the story.