Bond bears stalk a FANG, short Netflix debt [Reuters]
IHS Markit Ltd. Common Shares (INFO)
Last ihs markit ltd. common shares earnings: 3/24 06:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
investor.ihsmarkit.com
Company Research
Source: Reuters
Bond bears stalk a FANG, short Netflix debt | Reuters 5 Min Read NEW YORK (Reuters) - In March, noted short-seller Andrew Left took a swipe at Netflix Inc’s stock, calling the online video company’s aggressive spending on content acquisition “unsustainable.” The stock took a brief dive on the Citron Research chief’s assertion, but the volume of bets against it has since dropped to the lowest in at least half a decade. Netflix bonds are a different story. Bearish bets against the company’s $8.4 billion of junk-rated bonds have more than tripled this year to an all-time high of $347 million, according to data from Samuel Pierson, analyst at IHS Markit. “The short balance in the actual bonds reflects a view that (the bonds) will decline in value if or when they issue more debt,” he said. That is likely with growing competition between video-streaming services. Such platforms, including deep-pocketed rivals like Amazon Prime, AT&T; Inc’s HBO Go and Hulu - whose biggest backer is Walt Disn
Show less
Read more
Impact Snapshot
Event Time:
INFO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
INFO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
INFO alerts
High impacting IHS Markit Ltd. Common Shares news events
Weekly update
A roundup of the hottest topics