Netflix shares dropped significantly after forecasting slower revenue gains. The company also reduced its viewership data reporting frequency. This move fuels investor concerns about its industry-leading growth potentially peaking. Analysts noted a weaker content lineup this year could impact performance. The streaming giant faces increasing competition from traditional media and YouTube.

Netflix is facing a host of challenges as it prepares to report its second-quarter results late Thursday. Netflix stock is in a slump.

July 15 : Netflix is under pressure to reassure investors about its growth strategy when it reports second-quarter results on Thursday, as its user engagement has faltered amid…

The streaming giant has shed over a fifth of its value this year due to doubts about its growth efforts, including an ad business that is still far from becoming a major…