Netflix stock plummets — can it recover?

September 21st, 2011

The Netflix situation is becoming scary. The stock was down another 9.4% today, to $129.66. That means the company has lost 55.4% of its value since July 11, the day before it announced its decision to split the streaming Netflix's ($131.00, -$12.75, -8.87%) shares continued to decline Tuesday after closing at their lowest level in [...]

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