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Netflix Shares Fall 2.3%

Netflix shares were down approximately 2.33% at $70.915 at 11:50 a.m. ET on October 16. The report cites Peter Rice’s appointment as chief content officer.

NFLX

Streaming-entertainment provider Netflix NASDAQ:NFLX faces a fresh test of its content strategy, with shares at $70.915, down approximately 2.33%, at 11:50 a.m. ET on October 16. Barron's reported Friday on Peter Rice's appointment as chief content officer. For investors, the question is straightfo…