TITLE

Netflix cues stock sale as it mulls next steps

AUTHOR(S)
Zeitchik, Steven
PUB. DATE
May 2006
SOURCE
Daily Variety;5/1/2006, Vol. 291 Issue 20, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the public offering on shares of Netflix Inc. in the U.S. The stocks were offered online with the price of 30 dollars per share and is expected to raise 335 million dollars on the company's cash reserves. Citigroup analyst Mark Mahaney said that the move by the company is part of its plan to launch a downloading service.
ACCESSION #
20773254

 

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