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Stock impact report

Netflix: Coronavirus Cements The Company as Untouchable [Forbes]

Netflix, Inc. (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Company Research Source: Forbes
In this photo illustration a mobile phone screens display the Netflix logo on a coronavirus... [+]COVID-19 illustration graphic background , March 31, 2020 in Arlington, Virginia. (Photo by Olivier DOULIERY / AFP) (Photo by OLIVIER DOULIERY/AFP via Getty Images)In October, many analysts predicted Netflix would be crippled by the launch of Apple Plus and Disney Plus. The new over-the-top services were called “Netflix-killers.” Around this time, I publisheda series of analysison Netflix thatdiscussed whycompetitive over-the-top applicationswould not be able to dethronethe original streaming media company even after Netflix had missed on subscriber numbers both domestically and globally.Now that Netflix is up 32% while the broader market is down 13%, it’s important to discuss valuation and the longer-term prospects for this high-yielding growth stock.Netflix is Unshakeable: Macro OverviewThere are key reasons as to why Netflix is able to maintain its lead despite there being over 190 OTT Show less Read more
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