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Netflix (NFLX +0.2%) shares stage a quick turnaround on heavy volume, apparently traced to a...

Netflix (NFLX +0.2%) shares stage a quick turnaround on heavy volume, apparently traced to a report about the company's potential inclusion in Apple's (AAPL) new TV following a Best Buy (BBY) survey. Shares had been off sharply following news of a Coinstar-Verizon JV that could provide intense competition for NFLX later this year.
Comments (2)
  • Momo is obviously still in charge of NFLX.

     

    $130 is the next stop, then a breather, then likely higher.
    6 Feb 2012, 12:45 PM Reply Like
  • As I expected, Reed Hastings is sparing nothing to spread good rumors. He still has a huge bunch to sell in Q1, as explained in company's Q4 press release.
    6 Feb 2012, 01:09 PM Reply Like
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