What's Going On With Netflix (NFLX) Stock Tuesday?

Netflix shares fell on Tuesday afternoon following news that “Stranger Things” creators Matt and Ross Duffer are leaving for an exclusive deal with Paramount Skydance, according to Benzinga. The departure raised investor concerns about the company’s ability to retain top-tier talent. The departure, confirmed Monday, reflects the brothers’ push for theatrical releases, a strategy Netflix has resisted. This comes as the streaming giant readies the final season of “Stranger Things,” premiering later this year in three parts, with spin-offs planned for 2026. The Duffer brothers’ departure casts a shadow over Netflix’s strong year-to-date stock gains, driven by solid second-quarter results and global subscriber growth. Shares are down 2.60%, though shares remain up over 36% year-to-date.