Thursday, September 15, 2011

Netflix stock tanked this morning. Here’s why

Media_httpgigaom2file_jnvjn

Netflix shares have fallen 15 percent after the company issued new guidance on domestic subscriber numbers for the third quarter. The company, which originally expected 25 million users by the end of this month, has lowered that number by 1 million subscribers, as it feels the effects of a change in its pricing.

Posted via email from Inspiration

No comments:

Post a Comment