Netflix besieged by Hulu, Apple, Amazon, Alibaba

By | September 2, 2015

Scalper1 News

Competitive threats are weighing on Netflix (NFLX) stock as the company continues its rapid global rollout. As the world’s leading Internet television service, Netflix has a big bull’s eye on its back and rivals such as Alibaba (BABA), Amazon.com (AMZN), Apple (AAPL) and Hulu are taking aim. Netflix stock closed down 0.33% on the stock market today, its fourth straight down day and the second in a row below its 50-day moving average. Netflix stock Scalper1 News

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