Bill Ackman Lost $400 Million on NFLX Stock in 2022 — Now He’s Back With a 3.15M-Share Bet, Saying Netflix Has ‘Won the Streaming Wars’ (UPDATED)
Bill Ackman’s Pershing Square re-enters Netflix with a 3.15M share stake, declaring the streaming wars won after a historic 2022 loss.
A famous investor who lost big money on Netflix in 2022 is now buying a lot of Netflix stock again, saying he believes Netflix has beaten its competitors. This shows he thinks Netflix is in a stronger position now than before.
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