Netflix, What happened?
Overview
After poor revenue release and news of losing subscribers in large quantities, Netflix has posted two major losses in recent times. This brings the valuation of Netflix shares down a total of nearly 70% from November highs.
The future
At this rate, the stock has been poorly rated by many analysts and has strongly bearish momentum. The question now is whether or not Netflix will try to implement a new way of doing business or alter current operating methods to try and bring its value back. In the event that Netflix is able to find a viable solution to return to successful business, we may see golden opportunities to buy back into such a large company with huge potential. However, given the rise in popularity in other video streaming services, it's unlikely that Netflix will be able to continue on its success by solely providing video streaming services without a major change in operation.
After poor revenue release and news of losing subscribers in large quantities, Netflix has posted two major losses in recent times. This brings the valuation of Netflix shares down a total of nearly 70% from November highs.
The future
At this rate, the stock has been poorly rated by many analysts and has strongly bearish momentum. The question now is whether or not Netflix will try to implement a new way of doing business or alter current operating methods to try and bring its value back. In the event that Netflix is able to find a viable solution to return to successful business, we may see golden opportunities to buy back into such a large company with huge potential. However, given the rise in popularity in other video streaming services, it's unlikely that Netflix will be able to continue on its success by solely providing video streaming services without a major change in operation.
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