Netflix could be caught in a 'race to the bottom,' analyst warns

K shtam October 07, 2019 0

The Netflix logo is seen on a mobile phone.

Jaap Arriens | NurPhoto | Getty Images

Evercore ISI cut its expectation for Netflix shares on Monday, warning investors that the stock has become increasingly controversial and the company's pricing may now be in a "race to the bottom" versus other online streaming services.

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