Netflix shares plummet 12 percent as Hulu and Amazon grow stronger

Wibbitz Top Stories 2016-04-19

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Shares of Netflix headed downward after the company lowered its forecast for international subscriber growth next quarter Shares fells more than 12 percent in after-hours trading after growth dropped below the same period a year ago when Netflix added 2.28 million subscribers The mediocre results come at a time when Netflix faces a growing number of digital competitors, like Hulu and Amazon Prime

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