Netflixation

posted 12.9.2010

Netflix stock (Nasdaq: NFLX) will be replacing the Office Depot (NYSE: ODP) as a constituent of the Standard and Poor's S&P 500 stock index. NFLX is up in after-hours trading this evening, as S&P 500 index funds are expected to buy NFLX to replace Office Depot causing additional demand for the stock.  The change will take effect after the close of trading on Friday, December 17, 2010. NFLX has been in the S&P MidCap 400.

> Read the S&P press release