Fact Check: Netflix Stock Did NOT Fall 40% After Campaign Donation Announcement -- It's A Satirical Post
Fact Check
Did Netflix's stock drop almost 40 percent after a "big campaign donation announcement"? No, that's not true: The story originally came from a network of satirical websites and Facebook pages. A representative for Netflix confirmed public records showing the company's stock had not dropped 40 percent. Reed Hastings, Netflix's co-founder and executive chairman, did make a major personal donation to…