Tuesday 25 October 2011

Netflix Stock Plunge: Will Reed Hastings' Hubris Bring Down an Internet Meteor?

Netflix CEO Reed Hastings gestures while speaking at the Facebook f8 Developers Conference in San Francisco September 22, 2011. By Doris Frankel (Reuters) - Plenty of investors expected Netflix Inc shares to fall after the company reportedAs Netflix stock plummeted 27 percent in after hours trading, Reed Hastings reassured analysts

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