Netflix stock slides as co-founder sells $38M in shares
Netflix shares have been falling for three straight trading sessions, and a new regulatory filing from co-founder Reed Hastings arrived Monday to give investors something fresh to consider. After markets closed, the company disclosed that Hastings sold 407,550 shares of Netflix stock for a combined total of approximately $37.96 million. The transactions were carried out […] The post Netflix stock slides as co-founder sells $38M in shares appeared first on Rolling Out.
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Netflix shares have been falling for three straight trading sessions, and a new regulatory filing from co-founder Reed Hastings arrived Monday to give investors something fresh to consider. After markets closed, the company disclosed that Hastings sold 407,550 shares of Netflix stock for a combined total of approximately $37.96 million. The transactions were carried out […]
The post Netflix stock slides as co-founder sells $38M in shares appeared first on Rolling Out.
