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Was Netflix’s Sharp Decline the Beginning of a Longer Slide?

Hedge funds have suffered huge losses betting that the video streaming company is overvalued.

  • By Stephen Taub

       Photo credit: Daniel Acker/Bloomberg Good news for David Einhorn and others who are short Netflix. Shares of the video streaming giant fell 3 percent on Monday to $321.30 after Andrew Left’s Citron Research suggested the stock is vulnerable to a decline. “Stranger things happening at $NFLX,” the short-selling research firm tweeted

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