Covers of the weekend Barron's, from Dow Jones, have a history of moving Monday morning's market, and this is a prime contender — "The Trouble With Netflix: As Disney goes its own way and Amazon looms, shares could drop more than 50%," by Jack Hough:
- "One of the all-time great story stocks, Netflix (ticker: NFLX) has a plot flaw, one that could cut its share price by more than half by the end of the decade. It is chiefly a hit-renter, not a hit-owner."
- "There's no way to tell how much of Netflix's streaming comes from Disney content. ... Netflix can always find more content to license, but increasingly, that will require fierce bidding, because many of the best content owners already have deals with other streamers."
- Ouch! "Netflix co-founder Reed Hastings once attributed its market-leading stock gains to 'momentum-investor-fueled euphoria.' ... He was right then, and he's even more right now."