Netflix Loses $40 Billion After Russia Exit

Video streaming-related stocks have suffered losses as of late, with Roku down nearly 6%, Walt Disney down 5%, and Warner Bros Discovery down 3.5 percent. But by far the most notable among them is Netflix, who lost $40 billion after the Russia exit.

After the firm disclosed their first customer decrease in more than a decade, Netflix's stock plummeted 37 percent in early trade on Wednesday, resulting in a staggering $40 billion market capitalization loss.

The number of customers decli...

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