6 Reasons for Netflix’s Stock Plunge

6 Reasons for Netflix’s Stock Plunge

By The Editors Thursday, October 16th, 2014

KICKING AND STREAMING DEPT.

Yesterday, Netflix announced they didn’t attract nearly as many new customers this year as they had predicted — causing the company’s stock to plummet more than a hundred bucks per share! Experts say the main reason for the lower membership is that the subscription cost has increased. But who cares what the “experts” say — if you wanted thoughtful, cogent analysis, you wouldn’t be here! So, we’re happy to step up with our own unresearched and uninformed theories!

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