Entertainment Giant Netflix's Consolidation Cycle Raises The Stakes For Direxion's NFXL, NFXS ETFs
When it comes to entertainment content, Netflix Inc. (NASDAQ:NFLX) easily represents the dominant brand, forcing legacy media giants to play a game of catch-up in the streaming landscape. For years, Netflix has been able to swat away the competition — and the blistering rise of NFLX stock serves as clear evidence. However, sustained dominance is no guarantee. With rivals chipping away at the juggernaut, both bulls and bears have a solid case to make.Presently, the winds appear to mostly favor Netflix, with ...