Netflix Shares Fall 7% amid More Bad Subscriber Data

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Netflix Shares Fall 7% amid More Bad Subscriber Data
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The hits just keep on coming for woke ObamaFlix.

Netflix shares fell more than seven percent on Wednesday as the streamer faced more bad news about its subscriber outlook, including a new study showing that long-term Netflix customers are abandoning it in significantly larger numbers.

Another study found that consumer interest in Netflix’s original content is lagging behind the competition. Shares of the far left-wing Netflix dropped more than seven percent Wednesday and slid further in after-hours trading amid a widespread market sell-off that hammered other technology and entertainment stocks including Amazon and the Walt Disney Co.As Breitbart News, Netflix is seeing a sharp rise in the number of long-term customers cancelling their subscriptions, signaling a new threat to the left-wing streamer’s financial stability.

The woke mutiny at Netflix is escalating, with the streamer reportedly firing an unidentified employee for leaking confidential data on comedian Dave Chappelle to a news organization.

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