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Netflix Stock Continues Freefall After Nixing Qwikster Netflix's decision to kill off an unpopular idea — a separately branded DVD service — was unpopular with investors. After rising as much as 10%,
Netflix's stock ended the day down about 5% as the company's shares continue to slump.
... read moreUS HOT STOCKS: Netflix, Complete Production Services, Apple Netflix ($124.31, +$7.10, +6.06%) said Monday it will drop its plan to split its movie-streaming business and DVD-by-mail service into two separate websites, a move that had sparked an outcry among subscribers and sent its
stock sharply lower.
... read moreEuro Zone Debt Deadline Lifts Stocks; Netflix Jumps Netflix (NFLX) posted the S&P 500's biggest gain, up 8% in huge trade after the company said it had set aside plans to divide its DVD and online rental services, scrapping plans for a separate Qwikster operation. Shares dropped 65% after the company
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