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Netflix stock logs biggest weekly drop since April as Elon Musk calls for users to cancel subscriptions
Yahoo Financeยท 2025-10-03 20:07
Netflix (NFLX) shares fell Friday, cementing their biggest weekly decline since April 4. The stock dropped nearly 5% over the 5-day trading period ending Friday as Tesla (TSLA) CEO Elon Musk continued to urge consumers to boycott the streaming giant. The stock has lagged the broader market, which has climbed about 2% to new record highs over the past week, and has also trailed Big Tech peers like Amazon (AMZN) and Meta (META). The drop comes as Musk amps up calls for a boycott, urging his 227 million fo ...