NFLX Divergence Continues... Dec 2018 Lows in Focus

10 oct 2019

NFLX shares have been reacting to a growing realizing on the Street that Netflix is not Apple or Google or Amazon or Facebook. It has a ton of very close competition, biting at its heels, growing stronger, running faster. The multiple here is shrinking, and that process still has legs.

With Q3 earnings on the way, look for another quarter where the stock does not get the benefit of the doubt.