Netflix’s dominance of the streaming market is waning now that so many other options are available.
Netflix (NFLX -0.67%) isn’t just the pioneer of the streaming business. It’s still the king of it as well, boasting 223 million worldwide subscribers thanks to a significant head start on its rivals. It’s also been one of the business’s most rewarding stocks, rallying more than 10,000% since the company began streaming TV shows and movies back in 2007.