Netflix Stock Slides 17% on Weak Subscriber Growth – Mashable

Netflix's stock slipped 15% after the video streaming and DVD subscription service said in its third-quarter earnings statement that it did not expect to add 7 million domestic subscribers this year, as had been forecast previously.
Netflix added 1.16 million U.S. subscribers and 690,000 international subscribers to its online video-streaming service, and lost 630,000 subscribers to its domestic DVD service in the third quarter. Streaming subscriptions now number 29.41 million, of which 25.1 million are in the U.S. The company's mail-in DVD subscription service now has a modest 8.61 million subscribers, down from 11.04 million at the beginning of the year.
The third quarter was certain…

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