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Bill Ackman's Market Diagnosis and Netflix Earnings Status

The Motley Fool +1 · ·by G4L

NFLX Netflix Inc
$63.95 +0.85%
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  1. 1Pershing Square Capital Management founder Bill Ackman said the market sometimes looks broken.
  2. 2Netflix recorded an 11.8% revenue growth rate in the third quarter.
  3. 3Netflix used $4.8 billion to repurchase 63.9 million shares.

So what's the key point?

Bill Ackman said the market sometimes looks broken. Netflix recorded an 11.8% revenue growth rate in the third quarter and spent $4.8 billion to buy back its own shares.

Source The Motley Fool +1 · View original ↗

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