Netflix, Inc. (NFLX): Key Metrics Are Deteriorating Says Billionaire Einhorn

Netflix, Inc. (NASDAQ:NFLX) remains a major target of billionaire hedge fund manager David Einhorn of Greenlight Capital, who’s been launching verbal salvos at the company for two years, including a hilarious takedown of its vaunted series House of Cards.

In Greenlight Capital’s second-quarter letter to investors, Einhorn took the video streaming company to task over its first-quarter results and free cash flow burn, the latter critique coming just days before Netflix updated its negative...