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Has Netflix peaked?

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If it weren't for "House of Cards," analysts says Netflix stock probably would have already folded like, well, a house of cards.
 
The streaming service's stock has dropped 15 percent since its original political drama released its third season last month and is predicted to keep falling, reports CNNMoney. Wall Street trader Evercore ISI has downgraded Netflix to "sell," an unusually low designation, according to the report.
 
Place blame for flagging interest in the originator of online streaming on the proliferation of competitors, including Amazon, Hulu and HBO's partnership with Apple. Curious content choices also raise eyebrows and concerns, CNNMoney states; for instance, Netflix opted to stream "Friends" instead of pursuing "Seinfeld."

Read more from CNNMoney.[[In-content Ad]]

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