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HIGH-FLYING NETFLIX SHARES NOSEDIVE

July 20, 2011 by · Leave a Comment 

Netflix shares continued to slide for a third day in a row today (Wednesday) as analysts reacted negatively to the company’s plans to force subscribers to choose between an all-disc or an all-streaming package — or choose both at a subscription-price increase of more than 60 percent. Shares in the company were down $7.87 to […]