Netflix Bloodbath: Why NFLX's Market Cap Plunged $12 Billion in 3 Days

2019-9-22 00:41

Netflix (NLFX) stock plunged by more than 6 percent within hours after the U. S. stock market opened, wiping out $12 billion from the market capitalization of the company in merely three days. The major factors behind the steep downward trend of Netflix stock are said to be increasing competition in the U.

S. streaming market with […]

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3 Unseen Threats Disney Plus Poses to Netflix and Amazon

We're less than two weeks on from the Disney fan expo D23. It remains clear that the Disney Plus streaming service threatens to erode the market share of existing industry leaders. Netflix and Amazon have created models that have worked in the past and the upcoming launch of an Apple streaming service only adds to […] The post 3 Unseen Threats Disney Plus Poses to Netflix and Amazon appeared first on CCN.com

2019-9-10 00:30