Home Videos Photos
PerezHilton CocoPerez Ashley Madison Taylor Swift Girl Power Demi Lovato PerezTV

Netflix Investors Fear Shares Could Continue Tanking

| Filed under: Media MinuteBusiness Blitz

netflix-web.jpg

Netflix will reveal its fourth quarter results and one prognosticator thinks its going to be BAD!

After the debacle of the July 2011 "revamp," Netflix's costs have continued to rise as their profits decrease.

The company lost a whopping 67.8% percent of its value since Juiy 2011.

Wedbush Securities analyst Michael Pachter says that Netflix stock performance looks grim, marking its rating as an "underperform."

Netflix's head honchos predicted that investors would lose 29 cents a share but Pachter predicts it could be closer to a 62 cent loss.

Yeesh!

Word is mum from Netflix CEO Reed Hastings.

We'll see if Netflix pulls out of its funk.

Tags: , , , , , , ,

Email this  »
Top 10 Earning Actresses Of The Last Year -- And What They Made!
Who Should Replace Donald Trump On Celebrity Apprentice??
The 15 Biggest Box Office Bombs All Time!
10 Movies That Hollywood Keeps Trying (And Failing) To Make!
Merchandise Inspired By 50 Shades Of Grey
The Top 10 Highest Grossing Movie Stars Of 2014!

Comments are closed.