Shares of Netflix (NFLX -5.9%) turn lower on heavy volume. CEO Reed Hastings didn't post...

|By:, SA News Editor

Shares of Netflix (NFLX -5.9%) turn lower on heavy volume. CEO Reed Hastings didn't post anything negative on Facebook - although the SEC says it's now OK if he wants to use social media to make announcements - instead the breakdown is being attributed to technical and momentum factors.