Netflix, Inc. (NFLX) shares surged by more that 20% on Wednesday, triggering a brief halt in trading of the company’s stock. A Securities and Exchange Commission filing said that billionaire investor Carl Icahn had acquired a 10% stake in the company. According to the filing, Icahn and his affiliates believe “the shares were undervalued due to the issuer’s dominant market position and international growth prospects.”
To gain access to the PDF download and video, sign up for
an Options Oracle Subscription!
