Max Chen / ETF Trends
Netflix Deals a Blow to Internet, Communication Services ETFs – Netflix (NasdaqGS: NFLX) shares plunged on Friday, dragging down communication services sector-related exchange traded funds, after the online streamer revealed slowing subscriber growth. On Friday, the Invesco NASDAW Internet ETF (PNQI) declined 4.2%, theFirst Trust Dow Jones Internet Index Fund (FDN) decreased 2.9%, and theVanguard Communication Services Index Fund ETF …
