Re: Shares of Netflix Inc. fell almost 30% Monday evening in a fresh plunge after the struggling company issued a weaker-than-expected earnings forecast for the current quarter
Msg. 35800 of 45651 (This msg. is a reply to
35796 by
clo)
Jump:
clo
...things like netflix are "luxuries" and as such folks don't have to put up with rampant gouging like they do with gas, electricity and water. They screwed their customers and now their customers are returning the favor. There will be a lot of shake outs in the non vital industries. In my neighborhood there isn't another house within quarter mile that has cable tv other than mine and only one with satelite. Folks are just sick of the ever increasing bills and decreasing service.
Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!
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Shares of Netflix Inc. fell almost 30% Monday evening in a fresh plunge after the struggling company issued a weaker-than-expected earnings forecast for the current quarter
By: clo in
ROUND Tue, 25 Oct 11 12:59 AM
LOS ANGELES (MarketWatch) — Shares of Netflix Inc. fell almost 30% Monday evening in a fresh plunge after the struggling company issued a weaker-than-expected earnings forecast for the current quarter.
Netflix /quotes/zigman/87598/quotes/nls/nflx NFLX -26.43% shares recently slid 28% to $85.60 in heavy volume as the DVD and streaming-video company said it expects fourth- quarter earnings of 36 cents to 70 cents a share. Analysts polled by FactSet Research currently expect per-share earnings of $1.05.
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