Netflix closed at $77.38, down 3.7% for the week and trailing tech peers, as investors weighed a new French partnership and concerns that growth from ads, price hikes, and content deals may already be priced in; the stock’s direction now hinges on whether upcoming earnings on July 16 deliver a positive surprise. The post Netflix shares dip in shortened week, ad gains and deals in focus appeared first on TechStock².
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The entire catalogue of the French group (LCI, TMC, TFX, etc.) is now available on the platform. With this agreement, the terms of which have not been revealed, TF1 intends to rejuvenate its audience.