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: youtu.be/RX5U__IfDgg
Originally Aired: 05/21/21
#NFLX #ETFs #ARK
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