Netflix: Should You Cash In? Barron’s, Icahn, Morgan Stanley Say Yes

HFA Padded
HFA Staff
Published on
Updated on

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…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

The post above is drafted by the collaboration of the Hedge Fund Alpha Team.