Netflix Co-CEO Gregory Peters Sells $1.74 Million in Shares
Netflix shares slipped more than 1% overnight. The report cites a softer fourth-quarter revenue outlook, a reduced full-year advertising revenue forecast and slowing viewer-engagement growth.
Shares of Netflix Inc. (NFLX) slipped more than 1% in the overnight session late on Tuesday as a softer-than-expected fourth-quarter revenue outlook, a reduced full-year advertising revenue forecast, and slowing viewer engagement growth weighed on the company.Amid its ongoing challenges, the compan…