Netflix Stock Falls After Disney Announces Plans to End Movie-Output Deal

Netflix’s stock closed at $178.36 on Tuesday, down 1.6% for the day. Following the Disney news, it was trading down another 3% as of 5:30 p.m. ET, at $173 per share. Netflix shares hit record highs last month after it topped Wall Street subscriber growth expectations for the second quarter of 2017. – Todd Spangler, Variety http://ift.tt/2uDANim
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