Netflix (NASDAQ: NFLX) still stands above all the other streaming networks, with 220 million subscribers and $8 billion in revenue. While it tackles these issues from atop its precarious perch, there's a major drawback that it has compared to almost all of its competition -- and it makes owning Netflix stock look a bit risky right now. Let's walk back a few steps to see what led to this situation since Netflix didn't change, but the world has. Read More...
Netflix (NASDAQ: NFLX) still stands above all the other streaming networks, with 220 million subscribers and $8 billion in revenue. While it tackles these issues from atop its precarious perch, there’s a major drawback that it has compared to almost all of its competition — and it makes owning Netflix stock look a bit risky right now. Let’s walk back a few steps to see what led to this situation since Netflix didn’t change, but the world has.
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