Netflix CEO Reed Hastings is pictured on May 3, 2018 in Lille, northern France during the first edition of the TV Series Mania festival.
Netflix was down as much as 8 percent on Wednesday, as tech stocks overall took a dive.
Just last week, Netflix share prices surged as much as 15 percent on earnings. The company met revenue estimates and reported almost 7 million new subscribers. Netflix stock has now fallen below pre-earnings prices.
The S&P 500 technology sub-sector was also down as much as 2 percent on Wednesday.
Play Video Stocks to watch after the markets turnaround