Netflix (NFLX) Shares Sink as WSJ Says Comcast (CMCSA) to Launch Competitor
Shares of Netflix (Nasdaq: NFLX) are dipping sharply in mid-day action Tuesday as the WSJ is reporting Comcast (Nasdaq: CMCSA) will be launching a competitor to Netflix.
Netflix shares last traded at $122.24, up 0.3 percent from Friday's close. The stock had been up to as high as $126.15 early this morning.
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Netflix shares last traded at $122.24, up 0.3 percent from Friday's close. The stock had been up to as high as $126.15 early this morning.
Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!
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