By CCN: Netflix has been a leader in the movie rental field since it was mailing out DVDs in red envelopes, and it remains outright dominant since placing a winning gamble on the streaming revolution. However, the company now finds its territory threatened on several fronts, and the fallout from some shocking data should devastate the bull case for Netflix stock. This Single Chart Kills the Bull Narrative for Netflix Stock Despite plunging billions of dollars into original content, Netflix’s bread-and-butter remains reruns like “The Office.” In fact, the show – which has a soon-to-expire licensing agreement with NBCUniversal –
The post Own Netflix Stock? We Guarantee This Chart Will Terrify You appeared first on CCN
source https://www.ccn.com/own-netflix-stock-we-guarantee-this-chart-will-terrify-you
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