Icahn Makes a Big Profit on Netflix, Offers Lesson in Selling
October 23, 2013 at 14:30 PM EDT
For the moment, let us just call the man Carl Icahn, speculator. In the past 11 days, he has sold some 2.99 million shares of Netflix (NASDAQ: NFLX ) for a total of $963.5 million. He paid roughly $58 each for the shares and is looking at a pre-tax profit