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The drop is well deserved, given that the quality of Netflix's service has been declining for years.
Commented Sep 30, 2011 on Netflix Stock Drops to $113 per Share at Hacking NetFlix
Netflix Stock Drops to $113 per Share
While HackingNetflix is not an investment blog, the huge drop in stock price is noteworthy. NFLX dropped to $113 per share, giving Netflix a market cap of $5.9 billion. Here's a chart of the stock price over the past year:
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