Netflix Cuts 2026 Ad Revenue Forecast, Shares Fall 6.4%
Netflix lowered its 2026 advertising revenue forecast and projected decelerating fourth-quarter growth. Shares fell 6.4% in premarket trading.
Netflix shares fell 6.4% in pre-market trading after the company reduced its 2026 advertising revenue forecast and projected slower growth in the fourth quarter. The streaming service reported third-quarter revenue of $12.87 billion, in line with…