LONDON, April 17 (Reuters) – Shares in Netflix fell sharply in Europe on Friday after the company forecast revenue growth below expectations and as chairman and co-founder Reed Hastings said he would not seek re-election.
By 0603GMT, the streaming service’s Frankfurt-listed shares were down 8.7%. Netflix shares in New York have risen about 15% this year.
(Reporting by Samuel Indyk; Editing by Amanda Cooper)
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