Filed under: Netflix, Inc. (NFLX), Blockbuster Inc 'A' (BBI), Comcast Cl'A' (CMCSA)
Netflix, Inc. (NFLX) is trading down today. Looks like investors aren't in the mood for the stock just before the new year begins. At the time of this writing, shares of the online DVD-rental concern were off by nearly 3%.
Kind of sad, when you think about it. Netflix is up big on the year. It was a great story of capital appreciation: buy the dips, and you made out. Whenever you thought the company was about to head into a downturn, it ended up proving you wrong. When things seemed just absolutely awful, like they did back in the first quarter, Netflix was resilient in the face of financial adversity.
Continue reading Netflix weak today -- sell before 2010?
Netflix weak today -- sell before 2010? originally appeared on BloggingStocks on Wed, 30 Dec 2009 17:30:00 EST. Please see our terms for use of feeds.
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Full story at http://www.pheedcontent.com/click.phdo?i=d017dc1e05cae6ace1b3d6102b993710
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