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}.

Netflix Inc (NASDAQ: NFLX) shares tanked 25% in extended trading on Tuesday after the streaming giant said it lost subscribers in its fiscal Q1 for the first time in a decade. The loss of subscribers is expected to get even worse in the current quarter, as per the management.
moderately negative