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.
Google LogoMark Us Preferred on Google
Netflix Shares Sink Due to Customer Defection, Downgrades
|Updated:

<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)
Google LogoMark Us Preferred on Google
Frank Yu
Frank Yu
Author
Related Topics