Story thread · 2 reports / 2 sources

Ackman Bets $1 Billion on Netflix Redemption After $400 Million 2022 Loss

247wallst.com · 2h · first report

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Across 2 sources · syndicated copies counted once

Bill Ackman lost $400 million the last time he bought Netflix and bailed within three months. Now Pershing Square just disclosed a $1 billion position, and the reasons he walked away in 2022 look nothing like the streaming landscape he is walking back into.

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