Ackman Bets $1 Billion on Netflix Redemption After $400 Million 2022 Loss
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All 1 reports on Mon, 21 September 2026
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Mon, 21 September 2026
1 report- aol.com15:30first to report
Bill Ackman lost $400 million the last time he bought Netflix and bailed within three months. Now Pershing Square just disclosed a $1 billion position, and the reasons he walked away in 2022 look nothing like the streaming landscape he is walking back into.