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Netflix hits reset, downplays Amazon threat
By:
MarketWatch
Posted on October 23, 2012 at 20:46 PM EDT
Netflix CEO Reed Hastings admitted late Tuesday that the online movie firm made a “bad forecast” for its projected streaming growth, but that Amazon.com is not the main culprit in its lowered outlook.
Read More >>
Related Stocks:
Amazon.Com, Inc.
NetFlix, Inc.
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