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YahooOctober 21, 2026 at 4:01 AM NY6 Days Ago

Netflix Lost $17 Billion Over a $300 Million Ad Miss. Here’s What 20x Earnings Already Prices In

Netflix (NFLX:NASDAQ) shares fell about 6% in after-hours trading on Tuesday, October 20, after the streamer cut its 2026 advertising forecast and guided fourth-quarter profit below Wall Street estimates. The stock had closed the regular session at $68.

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