netflix’s-reed-hastings-has-now-lost-$1.3-billion-as-stock-goes-negative-for-the-year

Reed Hastings, the top shareholder of Netflix (NFLX), has lost hundreds of millions of dollars since the stock hit a yearly high in May. With the stock having wiped out all 2019’s gains as competition heats up, the market cap of Netflix has gone down by over $50 billion. Reed Hastings is $1.3 Billion Poorer…

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netflix-bloodbath:-why-nflx’s-market-cap-plunged-$12-billion-in-3-days

Netflix (NLFX) stock plunged by more than 6 percent within hours after the U.S. stock market opened, wiping out $12 billion from the market capitalization of the company in merely three days. Netflix stock is down substantially f.rom its record high, demonstrating a poor year-to-date growth. | Source: Yahoo FinanceThe major factors behind the steep…

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