Netflix Stock Falls After Wells Fargo Downgrade: “Engagement Trends Look Worrying to Us”
Netflix saw its share price slip nearly five percent on Friday following a sobering assessment from analysts at Wells Fargo. In a report bluntly titled Engagement Risk, analyst Steven Cahall warned that viewership trends for the streaming giant are beginning to look worrying. The downgrade comes as data from the Nielsen Gauge shows a dip […]
