Netflix Investors Could Get a Year-End Bonus
It's been a challenging couple of years for Netflix (NASDAQ: NFLX) investors. After reaching all-time highs in mid-2018, the stock tumbled as much as 40%, driven lower by fears of slowing subscriber growth and the year-end correction that wiped out much of the stock market's gains. The roller-coaster ride continued into this year. After gaining back much of its losses, Netflix has fallen anew on concerns that increasing competition will dent its previously robust growth -- this time for good.
Not everyone agrees with these dire predictions, and recent channel checks by an analyst suggest that Netflix subscriber growth could be more robust in the final quarter of 2019 than many anticipate, which could drive the stock higher going into 2020.
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Source Fool.com
