S&P Cuts Netflix (NFLX) Rating from BB+ to BB, Outlook Negative; Stock Not Responding
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Shares of Netflix (Nasdaq: NFLX) do not seem to be responding to an S&P credit rating downgrade from BB+ to BB. The firm's outlook remains Negative.
Netflix shares last traded at $81.34, up 2.4 percent from Wednesday's closing price.
Netflix shares last traded at $81.34, up 2.4 percent from Wednesday's closing price.
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