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Hedge funds bet billions against Netflix stock

Hedge funds are betting billions that Netflix stock will tank

  • Hedge funds are betting billions that Netflix stock will tank
  • After being the darling of Wall Street last year, Netflix hasn’t had a pleasant 2016 in the stock market, which has brutalized it to the tune of a 22% year-to-date fall.
  • The company will release 600 hours of original content this year , including 31 original shows.
  • The company beat Wall Street expectations for Q1, adding 4.51 million subscribers internationally versus Wall Street estimates for 4.49 million.
  • Hedge funds in particular have made big bets against the video-streaming company, according to a new report by Goldman Sachs .

Read the full article, click here.


@businessinsider: “Hedge funds are betting billions that Netflix stock will tank”


After being Wall Street’s darling last year, Netflix has not had a pleasant 2016 in the stock market, which has brutalized it to the tune of -22% year-to-date.


Hedge funds bet billions against Netflix stock

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