Netflix share at its lowest level since July 2018 after disappointing figures

The action of the Netflix streaming service lost more than 11% Thursday morning at the opening of the stock exchange in New York. At 17:00, she was around 322 dollars. This is the largest loss on Wall Street since July 2018, an impairment loss of 15 billion euros. The disappointing figures released Wednesday on the number of new paying customers explain this disappointment.

The streaming service attracted 2.7 million new paying customers in the second quarter, while the company was expecting 5 million. In the first quarter of this year, this number had increased by nearly 10 million.

Netflix also had to deal with the loss of 130,000 customers in its US home market, due to rising prices and weak supply.

The platform now has nearly 152 million subscribers in total. The US company's net income was close to $ 271 million and sales were $ 4.9 billion.