Jun. 15 at 2:56 PM
$NFLX doesn’t need
$ROKU … Roku longs are horrified by the new buyer. That’s all that’s going on today with that.
$NFLX knows it has an image issue that can’t be fixed by buying somebody else. They are betting on themselves to deliver strong organic growth over the next 1-2 quarters. That + the reveal on the amount of buybacks will get this out of the dumpster. Gonna take time.