And so Netflix blinks. They are getting desperate. Will the subscriber count increase as a result of this backtracking? My guess is no. There is still the issue

And so Netflix blinks. They are getting desperate. Will the subscriber count increase as a result of this backtracking? My guess is no. There is still the issue of the massive rise in rates, and the overwhelming negative consumer sentiment right now. This must be reflected in the stock price which ended down 5%.