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Trump Goes After Reed Hastings Amid Netflix Stock Rout— 'Forced' To Leave? [Yahoo! Finance]
Last netflix, inc. earnings: 4/21 04:00 pm
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US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Trump, writing on Truth Social on Friday, questioned whether Hastings was “forced” off the board, adding a political edge to what was already a consequential week for the world's largest streaming platform. Don't Miss: A single bad hire can set a startup back years. Here are the 5 hires founders most often misjudge — and why Still Learning the Market? These 50 Must-Know Terms Can Help You Catch Up Fast Post-WBD Stock Rally Fades Quickly Netflix shares closed down 9.7% at $97.31 on Friday, marking their steepest one-day drop in nearly six months, after a disappointing second-quarter outlook overshadowed an otherwise strong first-quarter report. The decline also erased a chunk of recent gains. Since walking away from its proposed deal for Warner Bros. Discovery , the stock had surged more than 28%, as investors cheered the decision to avoid a complex, capital-intensive acquisition. The Los Gatos, California-based company said Hastings, who helped turn Netflix from a DVD-by-
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