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Netflix shares down on US subscriber loss: ASX set to open lower

18 Jul 2019 – Following weak leads from US markets, the ASX looks set to open lower. US stocks fell again as investors are still cautious over the US China trade spat. In after-hours trading, shares in Netflix Inc. fell after a surprise slump in US customers for the second quarter. The CASA delivered its formal report following an audit on Rex (ASX:REX) airlines and did not issue any safety findings.


Source: Finance News Network

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