Finance: Netflix gets whacked after report says Trump will crack down on Chinese companies investing in the US (NFLX)

Finance: Netflix gets whacked after report says Trump will crack down on Chinese companies investing in the US (NFLX)Netflix Stock Drop Trump China Ban

Netflix performed worse than the reeling Nasdaq Tuesday. See why.

Loading...
  • Shares of Netflix tumbled nearly 7% Tuesday, dragged down after a Bloomberg report said President Donald Trump's was moving to block China from investing in certain types of US tech companies.
  • Tuesday's slide dropped Netflix shares to their lowest close since the beginning of March.
  • Netflix's drop nearly doubled the loss of the tech-heavy Nasdaq 100, which lost 3.3%.
  • Shares of Netflix are still up about 56% this year.

Related:   Finance: US stocks soar despite chaos in Washington

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.