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Netflix provides anaemic growth forecast, shares fall

Netflix provided a weak forecast for customer growth in the current quarter amid rising competition, the return of movie theatres and a lifting of pandemic restrictions that had kept people at home.

The company’s shares dropped more than 4 per cent in after-hours trading on Tuesday (Wednesday AEST).

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Reuters

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    Original URL: https://www.afr.com/companies/media-and-marketing/netflix-provides-anaemic-growth-forecast-shares-fall-20210721-p58bhs