3 Ways Netflix Can Bounce Back After the Crash
Netflix (NASDAQ: NFLX) shares are reeling after last week's big flop in its earnings report.
The stock is down about 40% in just a few days, and is off about 70% from its peak last November. A surprise drop in subscribers torched the leading streamer, and the narrative that it could grow consistently as the streaming market expanded now looks broken.
It's not a surprise that Netflix plunged, but it's a mistake to write off the one-time market darling. Here are three reasons why Netflix stock could recover.
Source Fool.com
