Business Insider -
12 Apr 2018 18:42

Daniel Daza/Netflix/"Narcos" Netflix has a massive cash burn problem, one of the company's most bearish analyst says. Wedbush has a price target of just $110 for the stock, which is currently trading above $300. Follow Netflix's stock price in real-time here. Netflix investors are blissfully ignoring the streaming giant’s ballooning cash burn, according to one of the company’s biggest bears on Wall Street. "Investors are oblivious to the fact that Netflix burns cash at an alarming rate," Wed...
Share this Article