Netflix shares slide for fourth straight day after Wells Fargo downgrade
Netflix (NFLX) fell nearly 3% in premarket trade Friday after Wells Fargo downgraded the stock, citing “worrying” engagement trends.
Netflix (NFLX) shares fell in early morning trade on Friday, moving against broader market strength, after Wells Fargo downgraded the stock and cited “worrying” engagement trends. NFLX stock was down nearly 3% in premarket trading Friday, leaving it on pace for a fourth straight session of losses.