Media streaming veteran Netflix (NASDAQ: NFLX) has seen a respectable recovery in recent months, powered by July's optimistic second-quarter report. Netflix shares are down 60% in 12 months, and shares are changing hands at the modest valuation of 22 times earnings. Netflix bears have zoomed in on the company's waning subscriber growth, which even turned negative in the last two reports -- on a quarter-by-quarter basis. Read More...
Media streaming veteran Netflix (NASDAQ: NFLX) has seen a respectable recovery in recent months, powered by July’s optimistic second-quarter report. Netflix shares are down 60% in 12 months, and shares are changing hands at the modest valuation of 22 times earnings. Netflix bears have zoomed in on the company’s waning subscriber growth, which even turned negative in the last two reports — on a quarter-by-quarter basis.
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