Netflix Hit With Second Downgrade in a Week Over Content, YouTube Threat
Analyst·1 article across 1 outlet
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Netflix Inc. received its second downgrade in less than a week on Tuesday, with Wall Street analysts concerned about its lack of big hits and competition from YouTube.
The downgrades reflect growing apprehension among investors regarding Netflix's ability to produce successful content amidst increasing competition in the streaming market.
Netflix
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“Netflix Inc. received its second downgrade in less than a week on Tuesday, with Wall Street analysts concerned about its lack of big hits and competition from YouTube.”
Bloomberg — Netflix (NFLX) Hit With Second Downgrade in a Week Over Content, YouTube Threat