NFLX: Netflix shares fall 20% in early trading
Netflix Inc., the world's largest video-subscription service, fell 20 percent in early trading after raising doubts about whether the company can meet its user-growth targets this year.
Netflix tumbled to $64.53 at 7:50 a.m. New York time, after reporting second-quarter earnings yesterday. The Los Gatos, California-based company had gained 16 percent year-to-date.
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