Need help with your benefits? Make an appointment with a UFHR benefits specialist. Book an appointment now
Netflix is closing in on $200 per share as the stock's momentum builds from last week's increase on some of its prices. Netflix is closing in on $200 per share as the stock's momentum builds from last week's increase on some of its prices.
Blockbuster was caught flat-footed by many of these changes. It could have purchased Netflix for $50 million in 2000, but passed. As Netflix rose, Blockbuster's attempts to compete on Netflix's terms -- especially through the mail -- foundered.he action was long expected. Blockbuster had been closing stores for years, as is obvious from the yawning vacancies still present in many of those very same strip malls. The chain was done in by Netflix, streaming video and a world of Internet options. Reaction from that Internet was, of course, swift and pithy.