UPDATE: Netflix says principal accounting officer Ken Barker is resigning effective Oct. 7 after less than four months

Netflix Inc. NFLX, -2.99% said Friday its principal accounting officer Ken Barker has submitted his resignation effective Oct. 7, meaning he is leaving his role less than four months after taking it up. Barker, 55, joined the company on June 27 from Electronic Arts Inc. EA, -2.70%, where he was senior vice president finance. In a regulatory filing, the streaming giant said the move is a personal decision and is “not the result of any disagreement with the company on any matter relating to the company’s financials, operations, policies, or practices.” It named Chief Financial Officer Spencer Neumann as principal accounting officer while it conducts a search for a replacement for Barker. Shares were down 2.3% Friday and have fallen 62% in the year to date, while the S&P 500 SPX, -2.41% has fallen 21%.

Source: Marketwatch

Technical Analysis & Forecast 16.04.2024

EURUSD, “Euro vs US Dollar” The EURUSD pair has completed a correction wave at 1.0664. After the correction, the market continues developing a decline wave

Murrey Math Lines 16.04.2024 (AUDUSD, NZDUSD)

AUDUSD, “Australian Dollar vs US Dollar” AUDUSD quotes are below the 200-day Moving Average on D1, revealing the prevalence of a downtrend. The RSI has

Ichimoku Cloud Analysis 16.04.2024 (EURUSD, USDJPY, NZDUSD)

EURUSD, “Euro vs US Dollar” EURUSD is testing the lower boundary of the bearish channel. The pair is going below the Ichimoku Cloud, which suggests

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