Reginal Thomas
0
All posts from Reginal Thomas
Reginal Thomas in reginal thomas,

Icahn Sells Over Half Of His Stake In Netflix

Guru investor, Carl Icahn sold over half of his stake in Netflix Inc. (NYSE: NFLX) on Oct. 10th. He sold 2.99 million shares but still owns 2.67 million shares of the video streaming service. I guess this means Icahn does not agree with his son when it comes to the long term value of Netflix which has seen it shares rise to all time highs in recent weeks. Icahn made $800 million off of the transaction.