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Netflix downgraded to ‘underperform’ at Needham

Shares of Netflix were downgraded by Needham analysts, saying the streaming provider could lose 4 million subscribers in the next year within its premium version. Part of the downgrade also comes amid the company's lack of plans to offer advertising on its platform. Yahoo Finance’s Dan Roberts, Scott Gamm and Anjalee Khemlani discuss on YFi AM.