Mark Cuban Tweets That Someone Will Buy Netflix
Cuban noted that shares of Netflix's market cap of approximately $21 billion is nearly half the size of Yahoo! Inc.'s (NASDAQ: YHOO) $39 billion and trails Twitter Inc's (NYSE: TWTR) valuation by nearly $10 billion.
I'm buying NFLX stock. At half of YHOO, 10B<Twitter and small pct of major media companies, Someone will try to buy them. #GetLongGetLoud
— Mark Cuban (@mcuban) October 17, 2014
Shares of Netflix lost more than 20 percent of its value since it reported disappointing third quarter results and cautious commentary for the coming quarters. Cuban's tweet also expressed his view that Netflix is a prime takeover candidate.
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