Netflix Subscriber Growth Seen Lagging, Stock Falls

By | January 7, 2014

Scalper1 News

Morgan Stanley on Tuesday downgraded Netflix (NFLX) on worries about tougher competition in the Internet video streaming field from Amazon.com (AMZN) and others, sending Netflix stock falling. Netflix’s subscriber growth may lag estimates because of stiffer competition, says Morgan Stanley in its research note. Netflix, the fourth-best performer of 2013, when it nearly tripled, was down 5% in early trading in the stock market today, at a Scalper1 News

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