Tag Archives: netflix reason for price increase

In the News! Netflix Stock: Overall Steady Decline

15 Jul

Since announcing an upcoming price increase of subscription fees, Netflix shares officially rose by 0.31 points, or 0.11 percent, after closing at $286.93, on the NASDAQ Stock Market Friday, July 15th, 2011. Netflix shares managed to stay out of the negative after experiencing an all day decrease in value.

An overall stock decline following the shocking announcement on July 12th, 2011 brings Netflix shares down a total of -3.81 points and -1.31% in just four days. TradersHuddle.com reports of investors cashing in profits as the future of investing in Netflix’s stock may be uncertain. Continue reading

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