Netflix (NFLX) Ticks Lower as Amazon (AMZN) Said Gearing Up for Global Launch of Streaming Video Service - DJ

November 17, 2016 2:57 PM EST

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(Updated - November 17, 2016 2:59, 3:05 PM EST)

Netflix (Nasdaq: NFLX) was pressured Thursday after Dow Jones reported that Amazon (Nasdaq: AMZN) is gearing up for the global launch of its streaming video service.

Shares of Netflix recovered after briefly dropping to lows.

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