Rumor Mongers Out in Force Again on Netflix (NFLX)

December 20, 2011 10:12 AM EST
Netflix, Inc. (Nasdaq: NFLX) is seeing some mid-day action on resurfaced takeover speculation. The sources of the rehashed rumors are questionable.

Recently Verizon (NYSE: VZ) was said to be interested in Netflix. Although, those rumors came from unreliable sources and proved to be bunk.

While today's rumors can be easily questioned, the stock action can't. Shares of Netflix are currently 3.7 percent higher in early trade.


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