Netflix Inc. (NFLX) Dips 4.49%

Netflix Inc. (NFLX) Dips 4.49%

Among the S&P 500’s biggest fallers on Friday April 12 was Netflix Inc. (NFLX). The stock experienced a 4.49% decline to $351.14 with 15.44 million shares changing hands.

Netflix Inc. started at an opening price of 360.69 and hit a high of $361.75 and a low of $349.36. Ultimately, the stock took a hit and finished the day at $16.51 per share. Netflix Inc. trades an average of n/a shares a day out of a total 436.6 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. Netflix Inc. hit a high of $423.21 and a low of $231.23 over the last year.

Netflix’s primary business is a streaming video on demand service now available in almost every country worldwide except China. Netflix delivers original and third-party digital video content to PCs, Internet-connected TVs, and consumer electronic devices, including tablets, video game consoles, Apple TV, Roku, and Chromecast. In 2011, Netflix introduced DVD-only plans and separated the combined streaming and DVD plans, making it necessary for subscribers who want both to have separate plans.

With its headquarters located in Los Gatos, CA, Netflix Inc. employs 7,100 people. After today’s trading, the company’s market cap has fallen to $153.31 billion, a P/S of n/a, a P/B of 29.26, and a P/FCF of n/a.

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