Billionaire investor Mark Cuban says he's buying Netflix stock. He also thinks that someone will try to buy them.
I'm buying NFLX stock. At half of YHOO, 10B#GetLongGetLoud
- Mark Cuban (@mcuban) October 17, 2014
Shares of Netflix crashed after the company reported disappointing third quarter financial results on Wednesday and lowered its fourth-quarter earnings-per-share guidance. On the same day, HBO announced plans to launch a standalone streaming video service sometime next year.
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