A Netflix Bear Goes Bullish and Sees 60% Gain

Shares of video streaming service Netflix Inc. (NFLX) are down by 24.9% from their all-time high, set in intraday trading on June 21. Skeptics had warned that the stock had risen too high and too fast, that its business model was questionable, that its future growth prospects were overblown, and thus that its stratospheric valuation was unsustainable. However, one of those skeptical analysts has […]

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