Fact Check: Netflix Stock Plunged After $7M Donation to Harris

In July 2024, reports alleging that Netflix's stock plunged after the company or its CEO donated millions to U.S. Vice President Kamala Harris' presidential campaign went viral. One outlet, The ...

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Fact Check: Netflix Stock Plunged After $7M Donation To Harris

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In July 2024, reports alleging that Netflix's stock plunged after the company or its CEO donated millions to U.S. Vice President Kamala Harris' presidential campaign went viral. One outlet, The ...

msn.com

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PolitiFact | Claim That Netflix Stock Fell After It Donated To Harris ...

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A July 26 Facebook post included an image of Harris, the presumptive Democratic presidential nominee, with the headline, "Netflix stock tumbled almost 40% after big campaign donation …

politifact.com

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Fact Check: Netflix Stock Did Not Fall By 40% After Harris Campaign ...

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Jul 31, 2024 · Netflix stock is not down 40% since the July 23 report on Hastings’ donation. In the last week, Netflix stock traded closer to its 52-week high of $697.49 than its one-year low of …

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FACT CHECK: Did Netflix Stock Drop 40% After Donating To …

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Jul 30, 2024 · A post shared on X, formerly known as Twitter, purports that Netflix lost $2 billion in just a few hours after a donation to Harris was announced. The post shared an image that …

checkyourfact.com

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Fact Check: Posts Claim Netflix 'Reversed Support' For Harris

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The fictional story alluded to a donation of $7 million that, as Snopes reported in late July 2024, Netflix co-founder Reed Hastings made to a super PAC that supports Harris. However, the ...

msn.com

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False Claims About Netflix Go Viral After Chairman’s Donation

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On July 24, the day before Hastings’ donation was made public, Netflix’s stock closed at $635.99. As of market close on July 29, it had fallen only 1.42 percent to $626.96. Advertisement

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Joke Netflix Story Spreads Following Kamala Harris Donation

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Jul 31, 2024 · Netflix stock fell by 40 per cent in four hours after donating to Kamala Harris’s US presidential campaign. ... “Netflix stock tumbles almost 40% after big campaign donation …

aap.com.au

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Fact Check: Did Netflix Lose 6 Million Subscribers Within Hours Of ...

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Jul 26, 2024 · Claims of Netflix losing six million subscribers following its executive chairman Reed Hastings’ $7 million donation to Kamala Harris’ presidential election campaign have …

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[FACT-CHECK] Netflix Did Not Donate $7 Million To Kamala Harris ...

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Social media posts call for a boycott of Netflix after false claims circulated of a $7 million donation from the company to Kamala Harris’s presidential campaign. Reed Hastings, the co-founder …

mediaconnect.com

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Netflix Cancellations Nearly Tripled After Co-founder Donated …

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Sep 30, 2024 · Netflix saw a dramatic spike in cancelations after its co-founder Reed Hastings revealed he donated $7 million to Vice President Kamala Harris' campaign, according to a …

allsides.com

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Did Netflix Donate To Kamala Harris’ Campaign? Controversy

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Jul 31, 2024 · The same satire account said, “Netflix stock tumbles almost 40% after big campaign donation announcement.” A fabricated quote accompanied the graphic, “It was a …

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Netflix Archives - FactCheck.org

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Jul 29, 2024 · Netflix Co-founder and Executive Chairman Reed Hastings reportedly made a $7 million donation to a super PAC supporting Vice President Kamala Harris for president. But …

factcheck.org

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'Cancel Netflix' Trends Online After Co-founder And Former CEO …

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Jul 27, 2024 · Netflix has come under backlash from supporters of Donald Trump after co-founder Reed Hastings made a $7 million donation to the Republican Accountability PAC, which is …

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FAQs about Fact Check: Netflix Stock Plunged After $7M Donation to Harris Coupon?

Did Netflix's stock fall 40% after Harris' donation?

We also found no evidence that Netflix’s stock fell 40% following Hastings’ donation. According to Yahoo Finance, the stock is down only about 3% over the past five days as of July 30. We rate claims that Netflix’s stock tumbled after the company donated to Harris’ presidential campaign False. ...

Did Netflix stock drop 40% after donating to Kamala Harris campaign?

A post shared on social media purports that Netflix stock dropped 40% after the co-founder donated to Vice President Kamala Harris’s presidential campaign. Netflix loses 2 Billion in 4 hours after word of their huge donation to the Harris campaign. Go woke go broke. #netflix pic.twitter.com/njJM5iNS6i ...

Did Netflix lose 2 billion in 4 hours after Harris donation?

A post shared on X, formerly known as Twitter, purports that Netflix lost $2 billion in just a few hours after a donation to Harris was announced. The post shared an image that includes a headshot of Harris and a Netflix logo. The caption reads, “Netflix loses 2 Billion in 4 hours after word of their huge donation to the Harris campaign. ...

Did a Netflix co-founder donate to Harris' campaign?

A Netflix co-founder did donate to Harris’s campaign, according to Variety. Reed Hastings, worth over $6 billion, donated $7 million to a PAC that supports Harris for president. This is not the first time misinformation surrounding Harris has been shared online. ...

Did Netflix lose 6 million subscribers within hours of donation announcement?

“Netflix loses 6 million subscribers within hours of donation announcement.” This claim originated on a self-described satire site. Reed Hastings, co-founder of Netflix, donated $7 million to a super PAC supporting Vice President Kamala Harris’ presidential campaign. ...

Did Netflix donate $7 million to a PAC that supported Harris?

Meanwhile, Hastings — who stepped down as Netflix's CEO in 2023 — personally told journalists that he had donated $7 million of his own money to a super PAC, the Republican Accountability PAC, that supported Harris. We found no evidence either Netflix or Hastings donated $7 million directly to Harris' campaign. ...