Ackman said the "attractive" purchase made his hedge fund Pershing Square a top-20 shareholder in the firm. On January 27, Netflix shares rose 10% after billionaire Bill Ackman revealed a $1.1 billion bet on the streaming service. The company's shares had a volatile week, also driven by broad vulnerability to US rate hike expectations. Despite that, its shares tumbled 32% to their lowest since April 2020 on projections of weak subscriber growth. Netflix’s stock price gained 21.70 a share, or 6.5, to 354.64 a share Tuesday following the company’s announcement of the subscription-fee increases. On January 20, Netflix posted fourth-quarter earnings that beat analyst expectations on user numbers and revenue. Get up to 10 years of daily historical stock prices & volumes. The transactions, made on behalf of a Hastings family trust, raised the amount of his beneficially-owned shares by 1% to 5.16 million. 15, 2007, would be worth more than 110,000 as of midday. He purchased over 50,000 shares on Thursday and Friday at an average price of $388 per share, the filing showed. Still, investing in early 2007, when Netflix first began streaming, would have proved to be a good bet. ( NFLX) - Get Free Report stock is down 7.4 since its. Reed Hastings, Netflix's co-chief executive officer, snapped up shares worth $20 million in the video-streaming company days after its stock tumbled 30%, according to a Securities and Exchange Commission filing. Heres a quick breakdown: The Netflix price increase announced on Tuesday amounted to a price hike of 13 to 18 for U.S. Here are four things to consider before making a decision on buying Netflix for 2019.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |