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A look at Netflix since stock plunged from peak

November 6, 2012 • Entertainment


FILE – In this Oct. 11, 2007 file photo, private equity investor Carl Icahn speaks at the World Business Forum in New York. On Monday, Nov. 5, 2012, Netflix announced it is moving to protect itself against hostile takeovers, less than a week after activist investor Carl Icahn disclosed that he has accumulated a stake of nearly 10 percent in the online video company. (AP Photo/Mark Lennihan, file)

Here’s a look at Netflix since its stock peaked about 16 months ago at nearly $305. Netflix had just announced an unpopular price increase in the U.S., and investors got worried by the intensity of the customer backlash. Even after subscriber complaints subsided, investors have remain concerned about intensifying competition at the same time the company is spending Login to read more

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