NETFLIX SLIDES AFTER AN ANALYST SAYS IT COULD LOSE 4 MILLION SUBSCRIBERS IN 2020

Getty Images Netflix was downgraded to "underperform" by Needham analyst Laura Martin Tuesday. She also estimated it will lose 4 million subscribers in 2020. Shares of Netflix sank roughly 2% early Tuesday.  Martin argues that a second, lower-priced subscription option would help Netflix going forward. Without one, she writes that it won't be able to compete with other streaming services.  Watch Netflix trade live on Markets Insid...

BusinessInsider (Date:12/10/2019 19:28) Read full article >>

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