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Ticker Summary (NFLX)

146.16+0.48 (+0.33%)
Open 146.63
High 146.87
Low 144.40
Volume 2,637,393
Market Cap 7.653B
52 Week High 149.74
52 Week Low 41.88
P/E 59.41
F P/E 39.16
EPS 2.46
Dividend N/A
Yield N/A
1 Year Target 103.62

NFLX 146.16 +0.33%

Netflix announced Thursday plans to start offering a new service to deliver movies directly to the television later this year. The plan includes using a set-top box produced by LG Electronics that will download media over the internet and then display it on the television. The new device will allow consumers to purchase and view rentals almost instantly as apposed to waiting a few days for the mail. LG Electronics did not specify how much the set-top box would initially cost.

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2 years 284 days ago by Tim

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