Netflix Cuts Prices of Subscription Plans Up to Half in Some Countries as Shares Drop 5 Percent | Technology News

Netflix Cuts Prices of Subscription Plans Up to Half in Some Countries as Shares Drop 5 Percent As Netflix looks to maintain subscriber growth amid stiff competition and falling stock, the streaming giant announced price cuts for its subscription plans in some countries. Netflix stock fell nearly 5 percent, underperforming the broader market and on course for its worst day in more than two months.