Bill Ackman Nixes Netflix In 2022: Here's How Much He Could Have Made
1. NFLX beat Q2 earnings estimates, but cost concerns spook investors. 2. Stock is down despite 146% return over five years. 3. Bill Ackman previously sold his Netflix stake, missing significant profits. 4. Netflix expects advertising revenue to double this year. 5. Key upcoming releases include new seasons of popular shows.