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Netflix Co-CEO Buys $20M of Streaming Firm’s Beleaguered Stock in Apparent Vote of Confidence

seekingalpha2022-01-30

Netflix co-CEO Reed Hastings bought $20M of his streaming company’s stock in recent days in an apparent vote of confidence after share prices tumble, an SEC filing shows.A Form 4 filed with the U.S. ...

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Comment43

  • Siakhwang
    ·2022-01-31
    Insider buying is always a good sign
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  • Kwgan
    ·2022-01-31
    Ok
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  • Alyting
    ·2022-01-30
    Wow
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  • KLS
    ·2022-01-30
    Buy
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  • TriciaChang
    ·2022-01-30
    Yea
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  • ParableTalen
    ·2022-01-30
    Good price to buy now. Almost half from all time high.
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  • koolgal
    ·2022-01-30
    It's good to know that Netflix Co CEO is buying his own Netflix shares in a vote of confidence!  This is just a temporary setback as I am sure Netflix is working on its next game plan to increase their subscribers!  Go Netflix! 🚀🚀🚀🌙🌙🌙
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  • Tom24
    ·2022-01-30
    Great!
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  • LixNg
    ·2022-01-30
    👍🏻
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  • ValuInvestor
    ·2022-01-30
    Interesting
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  • Melvin888
    ·2022-01-30
    Good news 
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  • Charging
    ·2022-01-30
    [smile] 
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  • SIONGBENG
    ·2022-01-30
    Great
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  • kwwh
    ·2022-01-30
    Good
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  • Oudorobo
    ·2022-01-30
    Like
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  • CoE
    ·2022-01-30
    Subcriber dependent is riskier especially in entertainment industry.  Consumer numbers in tech industry is more resilient and sustainable.
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  • Ku9787
    ·2022-01-30
    No rule rule
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  • Bull1973
    ·2022-01-30
    Ok
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  • Yani94
    ·2022-01-30
    To be honest, Netflix should have better selection of shows to affirm the increased subscription cost.
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  • RDPD富爸穷爸
    ·2022-01-30
    I felt that Netflix had passed their growth phase. With limited growth in subscribers base plus increasing competitors, the only way to maintain their profits is to increase their subscription charges which they had already implemented. Hope they have other avenues to grow their business to retain shareholders faith.
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