Netflix, Inc. (NASDAQ:NFLX) reports its Q3 Oct 20, and President Donald Trump bought the stock four times in August, according to his latest disclosure filed on Oct 8. Netflix ranks sixth on our list of the top 10 stocks in Trump's latest stock portfolio. Why Netflix Stock Is Down About 22% This Year Slowing growth is the main reason. Netflix guided third quarter revenue growth to 11.7%, down from 13.4% in the second quarter and 16.2% in the first. American Century Investments' Focused Dynamic Growth Fund said the weak outlook pressured the shares, according to its investor letter. Viewing hours rose only 2% in the first half of the year. Netflix's share of US TV screentime fell to a multi-year low of 7.
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