Popped again on earnings. Up 20% in AH. Cheers to anyone else who took a position.
quote:
Investor Carl Icahn said Tuesday that his Icahn Enterprises (IEP) and its affiliates have sold nearly 3 million shares of Netflix Inc. (NFLX). The sale reduces Icahn's holdings in Netflix from about 9.4% of the company's outstanding shares to approximately 4.5%, or 2.7 million shares. In a statement, Icahn said the decision to sell the Netflix shares was made "in view of the 457% increase in the price of those shares since the original investment at approximately $58 per share." Netflix shares ended the day down more than 9% at $322.52 after earlier rising more than 9% following a strong quarterly earnings report late Monday.