Global media giant Netflix suffered a short-term share price slump following a mass boycott over pushing transgender and same-sex messaging in children’s cartoons and shows.
In early October, the media giant saw its share price fall to trade at 1,190.31, which was 11.25 per cent below its 52-week high of 1,341.15, set on 30 June this year.
Data from Financial Express and Yahoo finance showed the market value of the streaming service slipped from approximately $514 billion on 27 September to $489 billion by 3 October – a loss of nearly $25 billion.
