Netflix forecast a weaker-than-expected second quarter, sending its shares down over 9% in extended trading despite posting strong first-quarter revenue and earnings. The company also said co-founder Reed Hastings will step down from the board.
Netflix forecast a weaker-than-expected second quarter, sending its shares down over 9% in extended trading despite posting strong first-quarter revenue and earnings. The company also said co-founder Reed Hastings will step down from the board.