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Market Impact: 0.2
Netflix Is Down 42% in a Year and the Investor Who Exited in June Just Bought Back In
Source: 247wallst.com
Analyst InsightsMedia & EntertainmentInvestor Sentiment & Positioning

Short Hills Capital Partners founder Steve Weiss said he added to his Netflix position following a Wells Fargo downgrade. The downgrade is a modest near-term negative for NFLX sentiment, though Weiss's purchase signals a contrarian view that the pullback may present a buying opportunity.
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mildly negative
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