Bill Ackman Bets on Netflix as the Chart Shows Early Signs of a Rebound
Netflix stake returns with 3.15 million shares as Pershing Square bets on double-digit revenue growth and wider margins.
A famous investor bought millions of Netflix shares because he thinks the company will make more money and keep more of it as profit. When smart investors buy a stock, it can be a signal that they see something good happening, so it's worth paying attention to what happens next.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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