On October 22 Carl Icahn sold off 2.4M shares of Netflix, Inc. (NASDAQ:NFLX) at a price of $341.44. He said at the time, “As a hardened veteran of seven bear markets I have learned that when you are lucky and/or smart enough to have made a total return of 457% in only 14 months it is time to take some of the chips off the table.” Netflix value offering Note that his fund managers David Schechter and Brett Icahn continued to believe in the value offered by Netflix, Inc. (NASDAQ:NFLX), saying it was one of the “few companies at any…
Netflix: Should You Cash In? Barron’s, Icahn, Morgan Stanley Say Yes
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.