1 Number That Might Explain Why Netflix (NFLX) Stock Is Down 27% in 2026
Netflix (NASDAQ: NFLX) ended last year with a remarkable 325 million subscribers, easily making it one of the dominant streaming platforms worldwide. The business spearheaded internet-enabled video entertainment. Its name has such strong consumer mindshare that it’s used as a verb.
But the streaming stock has been a terrible investment in 2026. Here’s one number that might explain why Netflix shares are down 27% this year as of Oct. 6.
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