Netflix (NFLX) and the Streaming Wars Message Board

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Technology Stocks : Netflix (NFLX) and the Streaming Wars

NFLX 106.75

-2.9%

12:47 PM EST

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Glenn Petersen

To: Ron who wrote (936)	10/22/2013 5:28:52 PM
From: Sr K	1 Recommendation Read Replies (1) of 2280

BREAKING NEWS Icahn Reports Sale of 2.99M Netflix Shares, Cites Stock Gain BusinessInsider reported: Carl Icahn reduced his stake in Netflix to 4.5%, according to a 13D filing. The activist investor cited recent gains in the stock for reducing his stake in the company, which was previously 9.98%, and said its remains "significantly undervalued." Icahn took a position in the company when it was trading at $58 per share. Today, the stock closed at $322.52, up about 457% from his initial purchase price. In a tweet, Icahn thanked Kevin Spacey — the star of Netflix's hit original series, House of Cards — and others:

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