UPDATE: Netflix (NFLX) Lower on Continued Icahn Chatter, Other Rumors
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January 16, 2013 10:24 AM EST Tweet
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Netflix, Inc. (NASDAQ: NFLX) is seeing continued pressure on more rumors Carl Icahn is moving out of the stock.
As noted Tuesday, with a nearly 100% gain Icahn may lock in his gains in NFLX so he can focus on his latest deepwater drilling play - Transocean (NYSE: RIG).
Shares of NFLX last traded down 2.4%.
UPDATE: In addition to the Icahn selling rumors, there are unsubstantiated rumors noted hedge fund investor David Einhorn is short the stock. These rumors are coming from trading sources and may not be reliable.
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