Hedge Fund Places Large Wager On Netflix

Hedge fund manager John Thaler seems to think about Netflix remains beaten up enough. He recently elevated his stake close to 4M shares, or 7.6% of Netflix’s total, according to an SEC filing today from his JAT Capital Management. Within the finish of June he'd 467,812 Netflix shares. Ever since then the business’s market cost has fallen nearly 57%shares closed today at $113.16, lower three cents. Thaler is experienced in tech and media possibilities. His other major holdings on tv include Cablevision and IMAX.