Netflix Shares Plunged 20% After News of Slowing Subscriber Growth

Netflix has officially reported its Q4 earnings for 2021.While the streaming giant has been able to increase its earnings per share in Q4 to $1.33 USD versus $.19 USD a year ago, it was not enough to maintain a steady share growth. Netflix's shares plummetted more than 20% in after-hours trading after news of slowing subscribers. This marks the lowest levels the shares have been since June 2020. The global paid net subscriber additions were 8.28 million versus the predicted 8.19 million. While N...