A Hungry Netflix Will Be a Better Netflix
It's easy to be down on Netflix (NASDAQ: NFLX) these days. The world's leading premium streaming service has plummeted in back-to-back quarters on the heels of disappointing financial results. Even after a healthy bounce on Friday, the stock enters this new week a whopping 73% below last year's all-time high.
Netflix now finds itself doing a lot of things that it hasn't done in the past. It's easy to dismiss some of these moves as desperate during a sell-off, but take a closer look and most of them make a lot of sense. You may not recognize Netflix a year from now -- and that's not necessarily a bad thing.
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Source Fool.com
