Netflix’s co-founder Reed Hastings exits after 29 years, stock drops 9% despite strong earnings
- Posted on April 17, 2026
- By Financial Express
- 0 Views
Netflix’s co-founder Reed Hastings exits after 29 years, stock drops 9% despite strong earnings
Netflix is searching for new avenues of growth as sales slow due to competition, and after a potentially transformative merger with Warner Bros Discovery fell through in February.
