Part 2/10:
Netflix's struggles are not happening in isolation. The company had anticipated, based on first-quarter data, that more losses were imminent—estimations of at least 2 million more subscribers leaving were circulated. Surprisingly, the actual number was milder than feared, which led to a cautious but positive bounce in shareholder confidence. Over the past five days, Netflix shares have surged approximately 23%, reflecting investor relief at the diminished severity of the decline.