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Midday Market Mayhem: NFLX, XEN, COIN Lead the Decline

Guavy AI Editorial Team
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The stock market saw significant movements midday on [no date specified]. Netflix (NFLX) led the pack, experiencing a sharp decline of -6.3% as investors digested its latest quarterly earnings report.

Xenon Pharmaceuticals (XEN) also took a hit, down 8.2%, following news of a failed clinical trial for one of its experimental treatments.

In the crypto space, Coinbase Global (COIN) plummeted by -12.5% as the company's quarterly results fell short of expectations, highlighting concerns over rising competition and regulatory pressures.

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