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Here's the upside to Netflix losing its 2019 gains

Netflix has hit a rough patch. After gaining as much as 46 percent this year, the stock has tumbled, erasing all of the gains of 2019. Weaker-than-expected subscriber numbers along with increased competition has soured the sentiment around the streaming giant. But according to hedge fund analytics tool Kensho, the stock could be primed for a short-term bounce.
Tue, Sep 24 20191:02 PM EDT