Netflix Slides Nearly 5% in After-Hours: What the Drop Means

As seen on the 24/7 Wall St. homepage on September 4, 2026.

NFLX Netflix
After-hours
$78.25
-4.75% open $82.15
$79$79$78

Netflix is down 4.75% to $78.25 in after-hours trade, a rare single-session drop for a $325.8 billion name. Whether the $82.15 open gets reclaimed tomorrow is the level to watch.

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Netflix shares fell to $78.25 in after-hours trading, a roughly 4.75% slide that marks a real shift in sentiment for a company of this size.

Shares held near $79 through early after-hours trading before selling pressure accelerated into the $78.25 close.

The $82.15 open is now the key reference point for the next regular session, and whether buyers reclaim it will show how much of this move reflected conviction rather than thin after-hours liquidity.

After-hours volume is lighter and spreads wider, which exaggerates price moves in either direction. Keep an eye on the stock at the next regular open before drawing firm conclusions about this decline.

Mentioned: NFLX