Why Are Netflix Shares Sliding Monday? - Netflix (NASDAQ:NFLX)
Shares of Netflix Inc. (NASDAQ:NFLX) are trading lower in Monday's premarket session.In separate developments, co-CEO Ted Sarandos said he expects a seismic wave of cost-cutting across Hollywood.The stock's down move comes after a 13.77% gain on Friday after the exit announcement.Strategic Retreat and the $2.8 Billion PayoutPolitical Friction and Regulatory HurdlesEarnings & Analyst OutlookLooking further out, the next major catalyst for the stock arrives with the Apr. 16 earnings report.EPS Estimate: 76 ce ...