Bond bears stalk a FANG, short Netflix debt
The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. REUTERS/Lucy Nicholson/ NEW YORK (Reuters) - In March, noted short-seller Andrew Left took a swipe at Netflix Inc's stock, calling the online video company's aggressive spending on content acquisition "unsustainable." The stock took a brief dive on the Citron Research chief's assertion, but the volume of bets against it has since dropped to the lowest in at least half a decade. Bearish bets against the company's $8.4 billion of junk-rated ...
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