Netflix: Investors need not worry, our shares went up by 10% | Startup Meme - Technology Startup and Latest Tech News

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Dec 9 2008

Netflix: Investors need not worry, our shares went up by 10%

Sardar Mohkim Khan 

image thumb176 Netflix: Investors need not worry, our shares went up by 10%

Netflix (NFLX) had some good news to calm investors as its reported a 10% boost in shares. This must have come as a breather to all the investors who had been preparing themselves for the worst ever since the economy took a nosedive. In a statement, McCarthy said:

We’re having a remarkably strong quarter. Overall, we’re sitting at the Walmart end of the spectrum, having a remarkably strong quarter.

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