Netflix Market Value Shrivels

Nick Wingfield: >In July, Netflix’s market value was over $16 billion. On Tuesday, after a bruising response to the financial results the company released late Monday, the Internet movie company lost more than $2 billion in value, bringing its total market capitalization to just over $4 billion. Clear, decisive, communication has a lot more value…

Nick Wingfield:
>In July, Netflix’s market value was over $16 billion. On Tuesday, after a bruising response to the financial results the company released late Monday, the Internet movie company lost more than $2 billion in value, bringing its total market capitalization to just over $4 billion.

Clear, decisive, communication has a lot more value than people think.

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