By admin Apr, 20, 2022 Editors Pick

 Netflix reported its earing and the stock crashed, it sold off by more than 30% and it reported losing over 200,000 subscribers.  The stock closed at $348 per share yesterday before the earnings report was released and Netflix stock dropped to 224.50 per share in today’s trading session.

in January Bill Ackman bought 3.1 million shares at $375 a share and the purchase may have cost him $1.16 billion that stake is now worth about $735m to $738 million right now. The stock is down 55% since Bill Ackman bought Netflix.   This is just our estimate based on when Bill Ackman declared his investment in Netflix.

Tags: neflx

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