Investors have slashed the price of Netflix stock a whopping 35% since yesterday’s announcement that 800,000 customers had abandoned the company last quarter. Shares are down from a high of around 300 in July, when things really started to go kablooey.

Henry Blodget on the Yahoo! Daily Ticker has this to say about the collapse:

“I went through the dot-com collapse. I actually don’t remember a high-flying stock collapsing this quickly.”

Author

Jon Brooks

Jon Brooks writes mostly on film for KQED Arts. He is also an online editor and writer for KQED's daily news blog, News Fix. Jon is a playwright whose work has been produced in San Francisco, New York, Italy, and around the U.S.

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