Wednesday, September 21, 2011

Netflix shares drop nearly 160 points in the last two months

Media_httpcdn4digital_hqqri

Netflix stock prices have dropped steadily since it announced its new pricing model, and have dropped nearly 160 points in total in just two months.

Netflix has released two big bombshell announcements in the last two months. First they informed users that there will be a price increase for the same exact service they were already receiving, and most recently they announced that Netflix will be splitting into two companies. Now that Netflix and Qwickster are official Wall Street was given a chance to react to the news, and it’s not pretty.

Posted via email from Inspiration

No comments:

Post a Comment