Netflix Stock Opens Down 25% After Missing New Subscriber Target


Yesterday, as part of its third quarter earnings news, Netflix (NASDAQ:NFLX) reported not acquiring as many new subscribers as it had previously forecasted. The stock price crashed in after-hour trading, tumbling down 25% (more than a $100) as Wall Street reacted to the news. Today, the stock price has yet to recover, opening at $332.73, down from yesterday’s closing price of $448.59.


Developing…






from TechCrunch http://feedproxy.google.com/~r/Techcrunch/~3/TWQYm7nxAvg/

via IFTTT

0 comments:

Post a Comment