Ark Invest Is Betting on Netflix Stock Amid Warner Bros. Deal Drama. Should You?

Recently, the ARK Next Generation Internet ETF (ARKW) purchased more than 83,000 shares of Netflix (NFLX), a $7 million investment. This is notable, as the shares are significantly undervalued from their highs, the sentiment is mixed given the continued speculation on the Warner Brothers deal, and the landscape is as competitive as ever. The investment speaks to Ark's confidence in Netflix and suggests that the company should be seen as a global subscription business that is improving its margins, increas ...