Netflix Shares Tank on Weak Forecast; Hastings Steps Down
Netflix shares tumbled the most in four years after the company gave a forecast for the second quarter that fell short of analysts’ expectations.
Bloomberg's Lucas Shaw and Wedbush Securities Senior VP Alicia Reese discuss the "overhang" of the aborted Warner Bros.
Discovery deal and more with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)
Reed Hastings exits Netflix board
- Netflix Drops After Forecast; Reed Hastings Exits | Bloomberg Tech 4/17/2026 Bloomberg —
- Netflix cofounder and chairman Reed Hastings to step down from board of directors ABC News —
- What's Next for Reed Hastings? Bloomberg —
- Netflix slumps as muted forecasts, Hastings exit deepen growth worries CTV News —
- Netflix shares slide after surprise Hastings exit sparks growth concerns CTV News —