The Zhitong Finance App learned that on Thursday, Netflix (NFLX.US) started trading higher and is now up nearly 5% to $77.50. According to the news, billionaire investor Bill Ackman once again bought Netflix shares through Pershing Square, which he manages. This is his second time investing in the streaming giant. Pershing Square clearly stated in its latest investment report: “Netflix has essentially won the streaming war.”

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