Pages: [1]   Go Down
  Print  
Author Topic: Netflix stock hit after it sells bonds, issues stock for $200 million capital infusion  (Read 438 times)
HCK
Global Moderator
Hero Member
*****
Posts: 79425



« on: November 22, 2011, 03:00:50 pm »

Netflix stock hit after it sells bonds, issues stock for $200 million capital infusion
         


Netflix announced it would be selling $200 million in convertible bonds to a venture capitalist, as part of an effort to raise money for "general corporate purposes," news that worried investors and sent the company's stock price down 7.7 percent in after market trading.

 



         

http://feeds.appleinsider.com/click.phdo?i=bb42fb20919e5e5f59378a239d1e1f1f
         
Logged
Pages: [1]   Go Up
  Print  
 
Jump to: