$62.15
24h
-0.86%
23 Oct, 14:02
Bearish fundamental outlook on Netflix
Bearish-6.86%
AI Summary
The author holds a bearish view on Netflix, arguing that shrinking global attention spans are fundamentally breaking its business model.
$NFLX is fundamentally broken as a business
People's attention spans are fried
And it's not even just a Western phenomenon. In developing countries, it's even worse
People can't even sit through a movie or a single episode of a series in one go anymore
Sad reality