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Netflix (NFLX) Bid Lower Following DIRECTV/Liberty Starz Deal

April 16, 2012 8:12 AM EDT
Netflix (Nasdaq: NFLX) is being bid lower Monday morning following an announcement earlier that DIRECTV (Nasdaq: DTV) and Liberty's (Nasdaq: LMCA) Starz entered a new content distribution agreement.

After closing at $104.17 last Friday and at $104.36 pre-market Monday, shares are being bid at $103.30 or so.


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