Max Chen / ETF Trends
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%, theVanguard Communication Services (NYSEArca: VOX) fell 4.0%, and theFidelity MSCI Communication …
