Netflix shares have been stuck in a rut for almost nine months. They won’t stay there forever.
The video streaming giant has been a victim of its own success, after business surged in the early months of the Covid-19 pandemic. Netflix (ticker: NFLX) added nearly 26 million net new subscribers in the first half of 2020, an increase of 15%. That was almost as many new subscribers as the company had added in the previous five quarters combined. As movie theaters, sports leagues, bars, gyms, schools, restaurants, and offices…
