Netflix announced an even worse quarter than the worst expectations were, losing about 800,000 subscribers in Q3 (they projected 600K).
The stock closed at $118.84, before the announcement. As of 6:49 PM ET, it is now trading on the after-hours market at $86.75, down about 27%. On July 13, it closed at $298.73. http://www.bloomberg.com/news/2011-10-24/netflix-3q-subscriber-losses-worse-than-forecast.html -- TV or Not TV .... The Smartest (TV) People! You received this message because you are subscribed to the Google Groups "TV or Not TV" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/tvornottv?hl=en
