His purchases this week only add to those holdings, except that unlike shares he is granted as part of his annual compensation, he is putting his money where his mouth is. Your favorite Co-Optional Podcast moments animatedSubscribe: See what’s next on Polaris Vine DAILY BYTE WALLPAPER: THIS VIDEO’S FEATURED LINKS: The Co-Optional Podcast Ep. Hastings is already one of the company’s biggest shareholders, owning about 8 million shares in the company. iHeartMedia is leading a Series A investment round for Sounder, a podcast platform formed in 2019 by former Spotify and Google executives, the companies said on Wednesday. “Many of our best investments have emerged when other investors whose time horizons are short term, discard great companies at prices that look extraordinarily attractive when one has a long-term horizon,” Ackman wrote in a letter to shareholders. Earlier this month Netflix stock traded at over $612 per share, but as of end of day Friday it was trading at just over $384.īut Hastings was not the only buyer: The veteran hedge fund executive Bill Ackman said on Wednesday that he had purchased more than $1 billion in Netflix shares, arguing that the sell-off made the company a good deal. 21 after the company projected weaker subscriber growth going forward, causing a number of analysts to downgrade the company or take a more skeptical look at the streaming business.
0 kommentar(er)
