Number of shares
3.11 Million
Holdings current value
$726 Million
% of portfolio
7.77%
Bill Ackman acquired 3.11 Million NetFlix shares worth $726 Million. That's 7.77% of their entire equity portfolio (7th largest holding). The investor's estimated purchase price is $1.29 Billion, resulting in a loss of 44%.
Shares of fallen streaming giant Netflix (NFLX) have endured a painful crash this year. The valuation reset is ongoing, and this market will find a new range...
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