Cathie Wood + ARK Internet ETF Offloads Netflix Shares – 📉NFLX

News has come out that the Cathie Wood led ARK Next Generation Internet ETF has sold off $13 million of its Netflix position less than month after reports surfaced that Wood’s was “buying the dip” after Netflix’s poor earnings. Alex, a longtime NFLX bear, discusses ARK buying into Disney and letting go of Netflix and its linear content business.

This is an excerpt from episode 159 of Winner Take All. Watch the full episode here:

Originally Aired: 05/21/21

Subscribe to the Applico YouTube Channel

Filed under: Winner Take All | Topics:

Weekly Industry Newsletter

Top Posts

  • B2B Chemical Marketplaces and Tech Startups: Landscape and State of the Industry

    Read more

  • Platform vs. Linear: Business Models 101

    Read more

  • Amazon Business – 2020 Report

    Read more

  • Platform Business Model – Definition | What is it? | Explanation

    Read more

  • The Value of Digital Transformation: How Investors Evaluate “Tech”

    Read more