Redbox may be dying, but it’s not dead yet. And that creates opportunity. That’s the key message from several stock market analysts who watched the company behind those famous DVD kiosks seemingly begin to crumble this week. Outerwall, Redbox’s Bellevue, Wash.-based parent company, told investors on Monday that revenue for 2015 was going to be lower than expected, demand for DVDs is still drying up, and Redbox President Mark Horak has left the company. Investors reacted predictably, sending the company’s stock down 29 percent in the days that followed. Outerwall stock is now trading around $ 41 per share, returning the company to 2011 levels.… Read More
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