Netflix may be turning into an ‘entertainment giant,’ but its stock looks like ‘dead money’ to investors
via fortune.com
Short excerpt below. Read at the original source.
Despite beating recent earnings estimates and posting record results, Netflix stock recently hit a 52-week low. Wall Street’s cold shoulder comes as the company seems poised to win the $100 billion bidding war for the legacy Warner Bros. studio, turning Netflix into an even more powerful player in the entertainment industry. So what’s behind the […]