CBS News: Netflix Stock Plunges Over 25% After Company Loses Subscribers for First Time in a Decade

TRANSCRIPT:

O'DONNELL: "The streaming service Netflix today reported a loss of 200,000 subscribers in the first quarter of the year. It is the first time in a decade that Netflix has reported a loss of -- in subscribers. And it said the company's stock plunging by 25 percent in after hours trading. Netflix is blaming the losses on increased competition, password sharing, inflation, and even the war in Ukraine."