Big momentum names flutter as Netflix takes profit
October 22, 2013 at 13:33 PM EDT
It just dropped $15 in a few minutes! " It likely all started when Netflix, which opened up nine percent and immediately began moving lower... but when it dropped below the previous day's close of $354.99, volume picked up and the momentum traders piled on... within six or seven minutes it went to $337 or so on heavy volume.