Netflix shares tumble over 10% as slowing growth, less viewership data spook investors

Netflix shares fell over 10 percent, close to a two-year low, wiping about 35 billion dollars from its market cap of around 313 billion dollars. The decline came after the streaming giant forecast quarterly revenue and earnings below Wall Street expectations, with at least 18 analysts cutting price targets. Concerns were compounded by the company's decision to cut viewership data reporting frequency starting 2027 and its failed pursuit of Warner Bros, raising doubts about its next growth phase amid weaker content lineup and competition from YouTube and traditional media.