The self-styled activist investor has sold roughly half of his stake in the streaming service.
According to an SEC filing on October 22, Icahn sold 3m shares between October 10-22 to take advantage of the 457% rise in shares since he acquired a little over 9% of the company 14 months ago.
The trade leaves Icahn with a 4.5% stake in Netflix.
Shares closed at $322 on Tuesday after spiking close to $400 on Monday.
Waner Bros Discovery is reportedly hoping to complete an auction by year’s end.
The new name comes from the statuette presented to Guild honourees.
Debut director Katy Scoggin’s emotional study of her relationship with her fundamentalist father now plays IDFA
EXCLUSIVE: Film and TV financier rebrands as Hindsight following management restructure.
The Hammer Films EIS Fund will back film and TV projects.
EUROPEAN FILM FORUM: Peter Dinges has said the industry is still suffering the after effects of the 2008 financial crisis; execs call for ‘European Netflix’.
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