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via gurufocus.comBusiness & Companies

Netflix falls about 6% premarket after weaker-than-expected Q4 revenue outlook

FROM THE WIRE · GURUFOCUS.COM

Netflix (NFLX) shares fell about 6% in premarket trading Wednesday after the streaming giant issued a weaker-than-expected fourth-quarter revenue outlook, putti

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishA weak revenue outlook from a mega-cap can weigh on the stock and on ETFs that hold it.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Netflix fell about 6% in premarket trading Wednesday.
  2. 02The streaming giant guided to fourth-quarter revenue below expectations.
  3. 03The news also hits ETF investors holding the stock.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Netflix, Inc.NFLXStock65.04 USDMarket closedtoday -5.31%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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