Renegade Enterprises Aggregated from The Wrap

Netflix Stock Tumbles 9% on Weaker Than Expected Earnings Forecast

Netflix shares tumbled 9% on Friday after a weaker-than-expected forecast during its first quarter earnings. The streamer’s Q1 profit grew 82% to $5.23 billion, or $1.23 per share — helped by a $2.8 billion break-up fee

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