Reed Hastings, the top shareholder of Netflix (NFLX), has lost hundreds of millions of dollars since the stock hit a yearly high in May. With the stock having wiped out all 2019’s gains as competition heats up, the market cap of Netflix has gone down by over $50 billion. Reed Hastings is $1.3 Billion Poorer […]
The post Netflix's Reed Hastings has Now Lost $1.3 Billion as Stock Goes Negative for the Year appeared first on CCN.com