Netflix Stock Falls 6% as the 2026 Ad Forecast Is Cut to…
By Tobi Opeyemi Amure
Source excerpt · FinanceFeeds
Netflix stock traded at $64.52 before Wednesday’s open, down 6.08% from Tuesday’s $68.69 close, after the company cut its 2026 advertising revenue forecast to about $2.7 billion from roughly $3 billion. The shares had already shed 1.66% in Tuesday’s regular session before the numbers landed. Every other line in the quarter went the other way, which is what makes the reaction worth reading closely.…