Netflix (NFLX) Bounces; Icahn Says He Hasn't Sold 'One Share'
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Netflix (NFLX) Sees Massive Pressure; Shares down 7%
April 3, 2013 10:13 AM EDTNetflix, Inc. (NASDAQ: NFLX) is seeing heavy pressure early Wednesday, shares are down nearly 7% percent. Some are pointing to a break of the $175 technical level. Others note the heavy pressure since the start of the second quarter on profit taking. Netflix was... More
'Arms Race' Will Send Netflix (NFLX) to Poor House, Thinks Analyst
April 2, 2013 3:20 PM EDTAnalysts at Albert Fried reiterated their bearish view on Netflix (NASDAQ: NFLX) today. Analyst Rich Tullo criticized Netflix's cost structure and compared the company to the Soviet Union in what it described as an 'arms race' with cable companies. History buffs will appreciate the link between the arms race... More
