Trader Radar - Tuesday October 21st
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. This internet company has embraced the jelly of the month mailing model, but instead of jam, it provides entertainment for over 8 million subscribers without late fees and due dates. Unfortunately the company’s stock had a sad ending today, as shares tumbled on falling consumer demand. Who is it?
A: On the trader radar tonight we’re watching Netflix ! The leading online DVD rental company was among the most active names on the Nasdaq today.