Netflix swept up in market rout despite strong subscriber signups
By Lehar Maan(Reuters) – Netflix Inc’sshares fell as much as 10 percent on Wednesday after a widespread selloff on Wall Street overshadowed the video streaming company’s impressive subscriber additions in the fourth quarter.
U.S. stocks were on a tailspin, with the Dow Jones industrial average losing more than 500 points, after oil prices continued to plummet unabated.
“People are just taking this opportunity to sell a stock that has been a winner for a long time,”
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