Netflix rises on Ackman stake, Tapestry falls on revenue miss

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Summary · why it matters

Netflix shares rose 5.4% after Bill Ackman's Pershing Square disclosed a new stake in the streaming company. Tapestry shares plunged 16.5% after the company reported fourth-quarter 2026 revenues of $1.88 billion, missing the Zacks Consensus Estimate by 0.04%. Arcos Dorados Holdings shares rose 3% after the company reported second-quarter 2026 earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.15 per share. Accelerant Holdings shares climbed 43.4% after the company reported second-quarter 2026 earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.16 per share.

Impact on assets 5

Financials▲ · 2 stocks
Consumer Discretionary▼ · 2 stocks
Communication Services▲ · 1 stocks
Netflix Inc
NFLX
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Ackman's Pershing Square discloses new stake

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