Netflix Drags Down Communication Services ETFs
April 20, 2022 at 16:51 PM EDT
Communication services sector-related exchange traded funds were reeling Wednesday after Netflix (NasdaqGS: NFLX) shares plunged. It was one of its worst days in over a decade. On Wednesday, the Communication Services Select Sector SPDR Fund (NYSEArca: XLC) decreased 4.0%, the Vanguard...