Netflix goes public

Fans and detractors of the online DVD rental company Netflix are aware of the companies recent financial problems. In order to alleviate this debt, the company has registered to join Wall Street as a new IPO. The move to wall street will likely bring a much needed $115 million to the company under the symbol NFLX.

Although not everyone will be interested in trading stock for Netflix, customers of the online dealer will most likely see a change for the better or worse in the weeks to come depending on how successful the move is.

Leave a comment