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September 01, 2020 10:27am
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Netflix Drags Down Communication Services ETFs

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...
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