real-time news and commentary for investors
Wednesday, Sep 18
Analysis: Outerwall alive and kicking
- Wedbush isn't throwing in the towel on its bullish stance on Outerwall (OUTR -2.1%), with analyst Michael Pachter telling clients the DVD rental business is still viable.
- The company has an incredible pricing edge over rivals, but has nearly lost the movie release window which used to give it a nice advantage over Netflix and Amazon.
- Shares of Outerwall are down 15.5% since the company's guidance cut.