Icahn Sells 2.99M Netflix Shares as Son Sees Growth

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Oct. 23 (Bloomberg) -- Billionaire Carl Icahn sold more than half of his stake in Netflix, exposing a disagreement with his son Brett over the value of the stock. Trish Regan reports on Bloomberg Television's "In The Loop." (Source: Bloomberg)

Does he just want to make some money?

Brett icon, his son and they both want a fund under carl icahn.

They still like it and they still see value but carl said while i basically agree with david and brett's assessment above, and have held high their opinion as a veteran of seven bear markets, i've learned when you are lucky and smart enough to make a 57% return it's time to take some of the chips off the table so you could say carl is saying $457% in 14 months, it's not bad.

I'm going to take the money and run however, he a still has 4.5% less than that credit criminal 57 park and brett and david have a derivatival product structured in such a way that enables them to still capture on some of the up side of the stake that they are selling.

So he believes in the company.

I think he just thinks this is an opportunity to take a little money off and you had reed hastings coming out and saying the stock price had been pretty lofty.

It was down a fair amount yesterday.

Betty has taken few positions off.

Hank lest y'all.


Web md bought that, carl icahn's stake.

So he's mocking in 4 some profits.

I admire them.

People at that age sometimes stop but he keeps going on and adding and becoming bigger and bigger.

So he is someone to definitely watch continually.

This text has been automatically generated. It may not be 100% accurate.


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