Netflix CEO Reed Hastings Discusses SEC Investigation Of Facebook Post On CNBC
Netflix CEO Reed Hastings appeared on CNBC Thursday morning, where he spoke with Julia Boorstin about the Securities and Exchange Commission’s investigation of his Facebook post about Netflix topping 1 billion hours of viewership in June.
Netflix CEO Reed Hastings appeared on CNBC Thursday morning, where he spoke with Julia Boorstin about the Securities and Exchange Commission’s investigation of his Facebook post about Netflix topping 1 billion hours of viewership in June.
The SEC claimed in December that Netflix and Hastings violated its rules governing selective disclosure with the Facebook post, which appeared on the same day shares in the company rose 6.2 percent, marking its share price’s largest gain in six weeks.
Hastings
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