News Formal

New opportunity to ‘assess’ companies like Netflix

  • 📰 SkyNewsAust
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 78%

Business News News

Business Business Latest News,Business Business Headlines

Loftus Peak’s Chief Investment Officer Alex Pollak says people would be wrong to think Netflix is in “some sort of difficulty” as tech companies drop in price.

“They’ve done their first buyback; they’re generating cash on a massive entertainment

spend annually and returning money to shareholders,” Mr Pollak told Sky News host Ross Greenwood.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

Business Business Latest News, Business Business Headlines