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Carl Icahn made around $2 billion on Netflix

Business Insider - 25 Jun 2015 04:36
Carl Icahn made around $2 billion on Netflix Carl Icahn is out of Netflix, which means one of the greatest trades we've seen in a while is over and done with. RIP. "Sold the last of our [Netflix] today," Icahn tweeted. "Believed [Apple] currently represents same opportunity we stated [Netflix] offered several years ago." Now that all is said and done, it looks as if Icahn made about $2 billion on the trade total. The billionaire investor first took a 10% stake in the company in 2012 at $58 a share, believing that it was about to be acquire...
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