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Investor's Business Daily

Investor's Business Daily

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Business & Economics

Netflix stock is down nearly 9% over the past two days, a sign of capitulation

Investor's Business Daily
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Netflix ( NFLX ) stock has tumbled over the past two trading sessions.

The streaming video leader plunged 8.5% to close at 906.36 on Thursday .

Analyst: "When NFLX goes down over 9% in one day , that tells me we are starting to see some panic".