Hedge Fund Places Large Wager On Netflix

Hedge fund manager John Thaler appears to consider Netflix continues to be beaten up enough. He lately elevated his stake to around 4M shares, or 7.6% of Netflix’s total, based on an SEC filing today from his JAT Capital Management. In the finish of June he'd 467,812 Netflix shares. Since that time the organization’s market price has fallen nearly 57%shares closed today at $113.16, lower three cents. Thaler is an expert in tech and media opportunities. His other major holdings on television include Cablevision and IMAX.