Netflix (NASDAQ:NFLX) continues to get a negative outlook from Susquehanna, which sees the lowering of visibility another thing to be concerned about.
In what is an ultimate, but understandable, contrarian view of Netflix when they're riding high, Susghuehanna says "NFLX has ceased providing forward guidance in any detail, citing the dynamic nature of its business. It will also cease providing information on subscriber cancellations and churn statistics."
Susquehanna sees this as a possible reluctance on the part of Netflix to reveal how many of their subscribers are using the service for free, and what the churn rate is.
They maintain their "Negative" rating on Netflix (NFLX), which was trading at $209.70, gaining $26.67, or 14.57 percent.
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