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Netflix Faces 17% Pullback Amid Valuation Re‑assessment
Netflix stock has fallen ~17% as market reassessment shifts investor sentiment, amid competitive pressures in streaming and market volatility.
Netflix stock recently dropped by about 17%, reflecting a market re‑assessment of its valuation. Despite continued growth in subscriber numbers, the pullback comes amid broader concerns about the sustainability of its business model in a competitive streaming landscape. This drop is also linked to general market volatility, particularly affecting growth stocks like Netflix.