Netflix Lifted By Takeover Rumors
Netflix (NFLX) shares are getting a boost today from vague takeover rumors.
TheFlyOnTheWall.com notes that the move in the stock today appears due to “renewed takeover speculation.”
About two years ago, there were a round of rumors that the company was going to be acquired by Amazon.com (AMZN), and there is some bulletin board chatter this morning spouting the same theory.