What is the sentiment of this news? Please choose an answer from {strong negative/moderately negative/mildly negative/neutral/mildly positive/moderately positive/strong positive}.

Spreads on high-yield bonds issued by streaming giant Netflix Inc. NFLX, +3.18% widened by more than 20 basis points late Tuesday, after the company's first-quarter earnings showed it losing customers for the first time since it was in its infancy. Netflix has more than $15 billion in long-term debt, taken on over the years to fund its content acquisition and production, according to data from FactSet.
moderately negative