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Netflix shares plunge after revenue barely tops expectations

Netflix stock slid sharply after the company reported quarterly revenue that only marginally exceeded forecasts.

Published Apr 16, 2026, 5:04 PM EDT | WFMZZ

Netflix shares plummeted more than 8 percent after the streaming titan reported quarterly revenue of $12.25 billion. The revenue figure slightly topped expectations, but the muted beat triggered a steep sell-off in the stock.