New opportunity to ‘assess’ companies like Netflix

📆 19/04/2022 5:31 a. m.
📰 SkyNewsAust

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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.

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