[Reuters] Netflix price rise draws user ire, investor glee

Posted by: UGN Security

[Reuters] Netflix price rise draws user ire, investor glee - 07/13/11 09:18 PM

LOS ANGELES (Reuters) - Netflix Inc's hefty price increase provoked an unprecedented outpouring of outrage on the Internet, but Wall Street cautiously welcomed the move, sending its shares up nearly 3 percent on Wednesday.