BUZZ-Netflix shares drop as quarterly revenue growth slows

October 20 - ** Netflix (NFLX.O) shares fell 3.8% in after-hours trading to $66.12

** NFLX’s third-quarter revenue increased 11.8% year-on-year to $13.44 billion (link), meeting Wall Street expectations but marking the slowest growth rate in nearly three years

** The company lowered its 2026 advertising revenue forecast from about $3 billion to about $2.7 billion

** As of Tuesday’s market close, the stock had fallen about 27% year-to-date

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