On November 3, 2026, prominent investor Bill Ackman publicly called Netflix (NFLX) stock “incredibly cheap.” His remarks defended Pershing Square’s significant new investment in the streaming company and put his strong conviction on the record as the stock traded near 52-week lows.

Netflix announced a multi-year deal with comedian Druski to develop original series. The first project is set to premiere in December.

The company also acquired the next film from directors Joel and Ethan Coen, titled Jack of Spades. Netflix plans a theatrical release in fall 2027. The deals reflect the company’s ongoing strategy of securing content from high-profile talent.