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Redbox (NASDAQ:CSTR): Current Price $51.44

Flextronics Americas LLC, which manufactures Redbox (NASDAQ:CSTR) movie kiosk machines, is planning to shut down its Creedmoor assembly plant and layoff the 157 employees at the plant by end February. The development follows after Redbox changed its focus to online video streaming and decided to start a $6 per month service in conjunction with Verizon Communications (NYSE:VZ).

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