Netflix is trading 3.2% down at $66.78 as investors continue to react to the company's July 16 earnings report, which featured disappointing Q3 2026 revenue guidance and a narrowed full-year outlook.
- The updated forecasts fell short of Wall Street expectations, shaking investor confidence in the streaming giant's near-term growth trajectory.
- Sentiment is further pressured by a decision to scale back viewing-hours disclosures, signaling a shift toward monetization metrics and creating uncertainty regarding long-term engagement.