Netflix Stock Falls After Guidance Miss and Co-Founder's Board Exit

Netflix (NFLX) stock fell 9.7% after missing second-quarter revenue and earnings forecasts, despite reporting stronger-than-expected first-quarter profits. Co-founder Reed Hastings will leave the board in June. The company raised subscription prices and reported revenue of $12.25 billion in Q1 2026.

By Brooke DiPalma · Senior Reporter Fri, April 17, 2026 at 11:57 PM GMT+3 4 min read · Yahoo Finance · April 17, 2026, 20:57 UTC

Netflix Stock Falls After Guidance Miss and Co-Founder's Board Exit

Tickers: $NFLX $PSKY $WBD

Topics: Board Changes Earnings Guidance Netflix Stock Price Movement Streaming Industry

Read the full article at Yahoo Finance

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