An unexpected drop in subscribers sent Netflix shares into freefall Wednesday, forcing the company to consider experimenting with ads and — hold onto your remote — cracking down on millions of freeloaders who use passwords shared by friends or family.
Click here to read the story at ap.com.
- What are stocks?
- Why is stock price important to a company like Netflix?
- Why did Netflix’s stock price drop?
- Why do you think Netflix is losing subscribers?
- Why do you think Netflix has allowed people to share passwords in the past?
- Why are they now looking to crack down on those subscribers who are sharing passwords?
- Based on information from this story, how might that impact the overall number of subscribers?
- Why do you think they are entertaining the idea of advertisements?
- How do you think customers might respond to a Netflix subscription at a lower price that features ads?
- In your opinion, will Netflix’s stock price eventually come back to pre-pandemic levels? Why or why not?