GeneralBearishBlockonomi · 3h ago5/10
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Netflix (NFLX) Stock Slides as Lionsgate Acquisition Rumors Surface and Get Denied
Netflix stock declined to $77 following denial of Lionsgate acquisition rumors, adding to the company's 16% year-to-date decline. The company faces a critical test with Q2 earnings scheduled for July 16, where management guidance will be scrutinized by investors seeking clarity on growth prospects.