3 Warning Signs in Netflix's Third-Quarter Report
Netflix (NASDAQ: NFLX) has transformed the entertainment industry and become one of the best-performing stocks of the last decade along the way. The price for the streaming stock has appreciated by nearly 4,000% over the last 10 years, but today its status as a growth juggernaut looks to be in jeopardy.
Netflix is maturing in its oldest markets, and the law of large numbers is making it harder for the company to grow at the pace it has historically maintained. While Netflix beat estimates in its third-quarter report and issued solid guidance for the current quarter, the report also revealed at least three potential problems for the stock.
Image source: Netflix.
Source Fool.com