Scalper1 News
Despite a series of positive developments for Netflix (NFLX) and recent moves to consolidate its position as the No. 1 streaming video provider, shares could tumble. In a preview of an earnings report set for April 15, Wedbush analyst Michael Pachter said he still expects first-quarter upside for Netflix amid global expansion and tight cost controls. He added, “We believe Netflix’s high valuation is unwarranted, given the potential for slowing Scalper1 News
Scalper1 News