Netflix (NFLX) Shares Down 3%, Coinstar (CSTR) Shares Up 8% Following Redbox Agreement with Verizon (VZ)
Shares of Netflix (Nasdaq: NFLX) are now down more than 3 percent in Monday's pre-open session as Verizon (NYSE: VZ) and Coinstar's (Nasdaq: CSTR) Redbox just announced a new joint venture agreement.
Netflix shares last traded at $122.50.
Shares of Coinstar, meanwhile, are up nearly 8.5 percent following the news.
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Netflix shares last traded at $122.50.
Shares of Coinstar, meanwhile, are up nearly 8.5 percent following the news.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
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