Carl Icahn Exits Netflix Inc (NFLX)

June 26, 2015

 

The same week Netflix announced a seven-for-one stock split, activist investor Carl Icahn announced that he had sold his entire position in the video streaming company. He earned at least $1.6 billion in profits on his Netflix position, which he kept open for about three years. Some estimates put his profits closer to $2 billion. Image:…


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