Trade Tracker: Jason Snipe buys more Netflix
Portfolio Pulse from
Jason Snipe, Founder and CIO of Odyssey Capital Advisors, has increased his investment in Netflix despite the stock being down about 14% in the past month. He discussed his decision on CNBC's 'Halftime Report'.
March 13, 2025 | 5:45 pm
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POSITIVE IMPACT
Jason Snipe is increasing his investment in Netflix, even though the stock has fallen 14% in the last month. This move could signal confidence in Netflix's future performance.
The decision by a notable investor to buy more shares despite a recent decline suggests a positive outlook on the stock's future performance. This could influence other investors to view the stock more favorably, potentially leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100