Redbox (RDBX) Stock Down by 40%

Yesterday is not a good day for Redbox. Company's Stock Down by 40%.

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In USA, redbox have over 38000 DVD kiosks. this is going against the trend of video streaming.

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Redbox tried to enter in video streaming platform too. But they failed to attract the audience.

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Redbox share holders only recieve slightly over 11 dollar per share. Thats the reason why redbox share down.

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CSSE stock is now merge with the stock of redbox. It will help to up the stocks rate.

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But if CSSE Stock down by any means, it will effect redbox shares too.

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At the time, people are ignoring tobuy share of redbox.

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This is certain to happen because video streaming is very popular and growing day by day.

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