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Netflix Stock Has Been Beaten Down Lately. Some Big Investors Are Buying In
Netflix shares are still down nearly 17% since the start of the year.Credit: Samuel Boivin / NurPhoto / Getty ImagesKey TakeawaysNetflix shares have dropped nearly 17% this year, making it one of the worst-performing stocks in the S&P 500.High-profile investors, including Bill Ackman’s Pershing Square and Cathie Wood’s ARK Invest, have recently purchased Netflix shares.Analysts remain optimistic about Netflix, with most rating it a “buy” and projecting significant upside potential.Netflix shares have had a rough year. Some well-known investors have been buying the dip.Shares of Netflix (NFLX)…
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