- Dec 31, 1969
What is worse than having your stock hit its lowest point ever? How about having your website crash the very same day. Netflix must be having one of those weeks.
Netflix Inc.'s stock price plunged to its lowest point in more than two years Tuesday after the online DVD rental leader reported the first quarterly customer losses in its history and dimmed its earnings outlook for the rest of the year. To make matters worse, Netflix's Web site the hub of its rental system went down Monday evening and remained inaccessible as of Tuesday afternoon.