Netflix stock price drops from $320 to $283 per share in just one week
Since Susan Rice’s appointment to their board of directors was announced, Netflix has experienced a significant stock drop of $37 per share, or almost 12 percent, in just one week:
Susan Rice was President Obama’s National Security Advisor and was infamous for falsely claiming that a video was the cause for the attack on the U.S. Embassy in Benghazi on September 11, 2012. She was also instrumental in unmasking senior Trump aides during the 2016 presidential campaign.
Rice’s Netflix board appointment was met with massive membership cancellations which account for the rapid, dramatic fall in their stock price.