Netflix Content Seen Lagging HBO’s; Stock Falls

By | March 16, 2015

Scalper1 News

Netflix (NFLX) faces growing U.S. competition as its costs rise to expand overseas, says Evercore ISI, and its content lags that of rival HBO. The investment bank on Monday downgraded Netflix stock to sell. Netflix stock was down 3.5% in early trading in the stock market today, at 423.10. Netflix stock is down significantly since touching a six-month high of 486.50 on Feb. 26 as is now right at its 50-day moving average. Its Q4 earnings beat in Scalper1 News

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