Netflix Deals a Blow to Internet, Communication Services ETFs
January 21, 2022 at 17:00 PM EST
Netflix (NasdaqGS: NFLX) shares plunged on Friday, dragging down communication services sector-related exchange traded funds, after the online streamer revealed slowing subscriber growth. On Friday, the Invesco NASDAW Internet ETF (PNQI) declined 4.2%, the First Trust Dow Jones Internet Index Fund...