NFLX "Unsustainable" Dominance: Why Stock Fell Over 40% Off Record High
Schwab Network · Schwab Network
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Show Notes
Netflix (NFLX) users continue to binge shows and movies on the streaming giant's platform. However, as LikeFolio's Andy Swan points out, it set "unsustainable" expectations for its industry dominance. Andy highlights areas where Netflix needs to improve in order to set a renewed path back to all-time highs. LikeFolio's data shows the company has lost significant traction compared to competitors in Paramount Skydance (PSKY), Warner Bros. Discovery (WBD), and even Alphabet's (GOOGL) YouTube.
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