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Shares of Netflix (NFLX +7.4%) roar higher the company announces a licensing agreement with...
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Tuesday, December 4, 2012, 1:53 PM ETShares of Netflix (NFLX +7.4%) roar higher the company announces a licensing agreement with Disney that will see the company receive first-run content from the media giant for several years.
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I think the new international expansion will really help NFLX compensate for the increased domestic competetion. NFLX has the first mover advantage in those markets so even though things get harder in the domestic homeland they will still be overly compensated by the international markets.
BAD to short a stock like NFLX because it is backup on track.