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Netflix shares slump 14% on tough Q2 figures

2018-07-17 02:00:00| Total Telecom industry news

  Shares in global pay-TV giant Netflix plunged 14 per cent overnight, as the company reported a tougher than expected set of financials for the second quarter of 2018. Netflix added 5.2 million new subscribers in Q2 2018, well short of the 6.2 million it had predicted. While Netflix tried to put a positive spin on the quarter's results…read more on TotalTele.com »

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