Shares of Netflix (NFLX) are recovering from a 7% drop a little while ago, following speculation activist investor Carl Icahn had sold off a stake in the streaming video outfit. CNBC a short while ago reported Icahn denied the rumors.
The channel reported Icahn, in fact, as stating he “has not sold one share of Netflix since buying,” and reported he remarked that “subscription rates at Netflix will continue to climb,” in his view.
The stock is now down $7.94, or 4.5%, at $168.75.
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