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Netflix shares plunge after weak guidance and news that cofounder Reed Hastings will leave the board

Netflix
Business Insider Fews App News Provider
Fews App Post Time 8h ago

Shows like "Bridgerton" boosted Netflix, led by co-CEO Ted Sarandos, in the first quarter. Liam Daniel/Netflix; Chris Pizzello/APNetflix slightly beat revenue and operating income estimates in its first quarter earnings. Shares tumbled in after-hours trading after weak guidance for the second quarter.

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