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Netflix (NFLX) stock drops after members jump shipNetflix (NFLX) stock took a plunge Thursday, dropping over 17 percent. The drop is no doubt a reaction to Netflix's announcement that it expects 1 million fewer subscribers by the end of the third quarter. Yikes. As if the company didn't have a rough ... read more
Stocks In News (NFLX, CISG, AIXG, TTM, PSO)
Netflix Inc (NASDAQ:NFLX) among the top losers and the stock decreased 11.67% to $184.35. The Company reduced domestic subscriber estimates for third quarter and decided to separate DVD-rental and movie-streaming services. ... read more
Wall Street Follows Europe Higher, Despite Economic Data - U.S. Commentary
In another closely-watched corporate story, online movie rental firm Netflix (NFLX) is seeing its stock plunge nearly 13 percent after it cut its subscriber estimates. Though they have been largely ignored by traders, there have been a number of ... read more
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