Live On CNBC, Steve Weiss Announces Trimmed Netflix Position
Portfolio Pulse from Benzinga Newsdesk
Steve Weiss announced on CNBC that he has trimmed his position in Netflix, indicating a potential shift in investor sentiment towards the company.
September 23, 2024 | 4:29 pm
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Steve Weiss has reduced his holdings in Netflix, which may suggest a lack of confidence in the stock's short-term performance.
Steve Weiss's decision to trim his Netflix position could be interpreted as a bearish signal, potentially influencing other investors to reassess their positions in NFLX. This action might lead to a short-term decline in Netflix's stock price as market sentiment could shift negatively.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90