By Kanchana Chakravarty
-Netflix shares fell 7% in premarket trading on Wednesday after the streaming giant’s fourth-quarter revenue outlook failed to impress investors despite a strong line-up of shows, including the final season of “Stranger Things”.
The tepid outlook undermines the company’s run of strong revenue growth in recent quarters, thanks to hit shows and movies including “KPop Demon Hunters” that have helped boost Wall Street’s expectations.
Netflix is set to release the final season of “Stranger Things” in November and stream two live National Football League games on Christmas.
The company also missed third-quarter profit estimates due to unexpected expenses related to an ongoing dispute with Brazilian tax authorities, amounting to about $619 million, which weighed on an

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