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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (850361)	4/16/2015 2:19:14 PM
From: puborectalis	Respond to of 1578671

Billionaire investor Carl Icahn has Netflix Inc. NFLX, +16.91% to thank for being more than $100 million richer in one day. The most recent regulatory filing showed the his Icahn Associates hedge fund owed 1.4 million Netflix shares, or 2.3% of the shares outstanding, to make it the eighth largest shareholder of the video-streaming company. If his holdings remain the same, the $80.56, or 17% surge in Netflix's stock in Thursday afternoon trade after the company's first-quarter results, would mean Icahn is making $113.7 million on his investment in one day. Since Dec. 31--the stock is up 63% year to date--Icahn would have made $302.7 million.