Netflix Shares Sink Due to Customer Defection, Downgrades

Netflix Inc., the one-time technology industry darling, saw its shares tumble again on Tuesday due to customer defections, mounting costs, analyst downgrades, and business missteps.
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/130205755.jpg" alt="A U.S. Postal worker holds a stack of Netflix envelopes at a Post Office sort facility on October 24, 2011 in San Francisco, California. (Justin Sullivan/Getty Images)" title="A U.S. Postal worker holds a stack of Netflix envelopes at a Post Office sort facility on October 24, 2011 in San Francisco, California. (Justin Sullivan/Getty Images)" width="575" class="size-medium wp-image-1795182"/></a>
A U.S. Postal worker holds a stack of Netflix envelopes at a Post Office sort facility on October 24, 2011 in San Francisco, California. (Justin Sullivan/Getty Images)
Frank Yu
Frank Yu
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