Heard on the Street: Netflix's coming results won’t settle the question of longer-term competition, which could impede recovery for the battered stock
Netflix has faced plenty of doubters before. This time it may take the company a while to prove them wrong—if it can.
Heading into its third-quarter report this week, Netflix has had a rougher summer than most. Even with Friday’s trade-inspired stock rally, the company has shed one-quarter of its market value in the past three months. That is the worst performance of the largest tech stocks over that period, even in a choppy market that has sparked strong declines at other big internet names such as Amazon.com, Facebook and...
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