UPDATE: Netflix (NFLX) Lower on Continued Icahn Chatter, Other Rumors

January 16, 2013 10:24 AM EST
(Updated - January 16, 2013 10:28 AM EST)

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.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Rumors, Trader Talk

Related Entities

Carl Icahn, Greenlight Capital, David Einhorn, Hedge Funds