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Why is Netflix's stock down this year despite being the king of streaming?

Why is Netflix's stock down this year despite being the king of streaming?

Investors remain concerned about Netflix’s future growth after passing on a potential acquisition of Warner Bros. Discovery. Despite strong subscriber numbers and revenue growth driven by advertising and new programming, Netflix’s stock has declined significantly this year amid declining U.S. TV viewing share and increased competition from platforms like YouTube. The company continues to diversify through live programming, short videos from digital media outlets, and potential acquisitions, aiming to maintain its market position and appeal to a broader audience.

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