Bloomberg

Netflix slides on outlook for greater competitive threats

The Netflix logo on Jan. 2, 2020. Foto: Bloomberg photo by Gabby Jones

Netflix says it is ready to take on the toughest year in its history in terms of new streaming competition. Investors have their doubts.

Netflix delivered generally upbeat fourth-quarter results after Tuesday's close, with overseas growth helping offset a slowdown at home, but it expects to add fewer subscribers in the current quarter than Wall Street projected...

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