Netflix shares remained roughly flat today as the market digested news of a significant new investment from Pershing Square. The firm recently disclosed a new stake in the streaming giant, marking a return to the stock four years after exiting a previous position. While this vote of confidence from a major investor generated headlines throughout the last 24 hours, the stock showed little net movement today as it consolidated following a 5% jump observed yesterday.
That explains the day. Whether NFLX is a business worth owning is a longer question. Koyfin has the ten-year financials, margin history and valuation to answer it — 20% off for WhyTheMove readers.
No significant catalyst events detected.
NFLX moved for a reason you can read above. What the company earns, owns and guides to is a separate record. Koyfin is where the question moves from today's move to the business behind it — analyst estimates, filings and earnings transcripts.
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