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What Happens to Netflix's Battered Stock Next Week?

Posted August 23, 2011 7:09 AM

From CNET News.com:

Netflix's stock has fallen by almost $100 per share since it announced a price increase. Will the company's shares take another beating once the price hike kicks in on September 1?

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Usbport
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#1

Re: What Happens to Netflix's Battered Stock Next Week?

08/23/2011 7:50 AM

I have no idea what is going to happen to Netflix's share price, but as a Netflix customer I admit to being annoyed by the new price structure. The main gripe I have is that Netflix will be charging the same price for two very unequal services.

The streaming video service is convenient for some things, but the selection of movies is markedly inferior compared to the DVD service, and the streaming service never includes the background material or extra material that often accompanies the DVD.

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Drew K
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Re: What Happens to Netflix's Battered Stock Next Week?

08/23/2011 1:04 PM

Interesting news that I had not previously been delivered to my current location under a rock of work (not sarcasm). But I do not see anything relevant to "ENGINEERING NEWS" in this article...

Drew

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Tornado
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#3

Re: What Happens to Netflix's Battered Stock Next Week?

08/23/2011 11:28 PM

Answer to follow next week....

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