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Faisal Humayun Khan

Netflix Just Admitted It Needs More Money. Is That a Red Flag for NFLX Stock?

Netflix NFLX Warner Bros Oppenheimer WBD

The emergence of Netflix's (NFLX) streaming platform in 2007 revolutionized the entertainment industry. Over the years and amidst growing competition, Netflix has created value for shareholders. If there has to be a moat that’s worth calling out, it’s Netflix’s superior content. 

Leveraging on that moat, Netflix recently announced that the company will be raising its subscription prices. This is because the company plans to increase its content budget to $20 billion.

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