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Ackman Buys Netflix Amid Stock Dip | Raleigh News
Netflix’s stock is tanking, but billionaire Bill Ackman just dumped a massive bet — he now owns nearly 5% of his entire portfolio in the streaming giant. After taking a loss last year when Netflix hit its first subscriber dip in a decade, Ackman’s outlook has flipped: he calls Netflix the winner of the streaming wars with over 325 million subscribers — nearly double its closest rival. Recent earnings show solid growth, rising revenue, improving margins, and untapped global potential. Watch time is still climbing, live events are driving sign-ups, and pricing hikes are being accepted — even as…
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