Netflix Explained: A Company in Possession of Good Fortune
Investors may criticize and pundits may look for the negative angles, but Netflix’s commanding market dominance and willingness to evolve make it a formidable competitor in the streaming video space.
With quarterly revenue nearing $4 billion and 130 million worldwide streaming subscribers and growing, Netflix nonetheless continues to attract criticism — and its volatile stock price reflects that. However, the story behind the data reveals that Netflix’s fundamentals are sound, and that the video-on-demand company with a track record of flexibility is headed in the right direction.
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