Americans watched enough video streaming content last year to fill nearly 15 million years of time, according to Nielsen. Read More...
Motley Fool
Why Spotify, DraftKings, and Paramount Global Shares Plunged Today
Shares of Spotify Technology (NYSE: SPOT), DraftKings (NASDAQ: DKNG), and Paramount Global (NASDAQ: PARA) were all down big on Wednesday, falling 10.9%, 7.8%, and 8.6%, respectively, on the day. One might think that today’s reaction is a bit severe, and that Netflix’s troubles may be more company-specific. One might think Paramount Global would get a more bullish turn today, given that it is a direct competitor to Netflix and is much cheaper.
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