Netflix Stock Shoots to Record Highs as Investors Embrace Cash-Burn Strategy

Unlike Amazon, which pursued the cash-burn path for many years to expand into multiple ecommerce segments, [Michael Nathanson,MoffetNathanson] wrote: “We just don’t believe that Netflix is building an impenetrable moat that justifies its $80 billion market cap.” – Todd Spangler, Variety http://ift.tt/2tc2PBH
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