Is Netflix Headed for Another Pullback?
March 01, 2012 at 13:00 PM EST
Walking through the halls of Netflix's (Nasdaq: NFLX) headquarters in Los Gatos, Calif., during the holidays must have been a gloomy affair. Legions of employees that receive some of their compensation in company stock saw their holdings plunge in value as the video service company saw its shares fall below $70 by year end, just a fraction of levels seen earlier in 2011. Well, Santa Claus finally showed up for these folks: Since this year began, shares have risen nearly 60%. That's a stunning two-month move. This is a bad time to spoil the fun, but recent events have helped create a fresh set of troubles for Netflix. The economics of Netflix's business model . . . → Read More: Is Netflix Headed for Another Pullback?