Why Netflix Could Fall to $200
Netflix (NASDAQ: NFLX) has not been doing well this year, and things could get even worse. While a significant drop-off in the streaming king's share price may appear to be unlikely, here are three reasons why it wouldn't be surprising.
Investors have normally looked to the company's subscriber numbers as an indicator of its overall performance, and that's already starting to cause some concern. Netflix has been struggling to find ways to grow in the domestic market. Its saving grace has been the company's international growth.
Source Fool.com