It's been four months since Pershing Square's Bill Ackman unloaded his short-lived stake in Netflix (NASDAQ: NFLX). Netflix stunned the market with a sequential dip in global subscribers, forecasting a much larger decline for the second quarter. Ackman held Netflix for less than three months, and it proved costly. Read More...
It’s been four months since Pershing Square’s Bill Ackman unloaded his short-lived stake in Netflix (NASDAQ: NFLX). Netflix stunned the market with a sequential dip in global subscribers, forecasting a much larger decline for the second quarter. Ackman held Netflix for less than three months, and it proved costly.