02 Oct 2025 | 3 Mins Read
Elon Musk's comments spark 1% Netflix stock decline
Flipitmoney
Netflix stock dropped 0.8% in pre-market trading to a two-month low of $1,162 per share. It may mark a fourth consecutive day of losses. The slump follows criticism from billionaire Elon Musk, who called on followers to cancel their subscriptions due to a show's content, adding pressure as Netflix competes in a maturing streaming market.