Saturday, September 18, 2021

NETFLIX SHARES NOSEDIVE

October 25, 2011 by · Leave a Comment 

Netflix shares plunged 36 percent today (Tuesday), trading at about $75.00 — their lowest level in 18 months. Since the company announced just three months ago that it was instituting a major price increase for subscribers wishing to continue receiving DVDs by mail as well as stream them, $12 billion of its market value has […]