Tag: Netflix

Netflix has been sued by shareholders who suffered significant losses and damages for lying about the company’s growth and its failure to retain subscribers.
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.
The market value of Squid, a new crypto token based on Netflix’s hit series ‘Squid Game’, has dropped almost to zero after skyrocketing to $2,850 per coin in a day, with investors reporting they are unable to withdraw their funds.