real-time news and commentary for investors
Tuesday, Oct 1
Netflix flies higher as Icahn ponders his windfall
- Carl Icahn says he hasn't sold any shares of Netflix (NFLX +3.9%) just yet, but that holding on to his sizable profits isn't such a "no brainer" anymore.
- It's a rather grounded look at Netflix with valuation seeming to be outrunning the company's ability to grow profits in an increasingly competitive streaming market.