Sunday, December 9, 2012

Netflix shares surge as Icahn takes 10% stake | Reduction

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Netflix shares surge as Icahn takes 10% stake

548 - Stippled QBert Texture
548 - Stippled QBert Texture by Patrick Hoesly
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Excerpt:

NEW YORK (CNNMoney) -- Netflix's stock surged Wednesday afternoon as billionaire investor Carl Icahn revealed that his funds have acquired a 10% stake in the streaming media and rentals business. Netflix (NFLX) shares tripped two circuit breakers in their rapid rise, triggering a temporary halt in the stock. When shares resumed trading, they cooled off slightly but still finished the day up around 14%. Icahn said in a regulatory filing that his funds have directly acquired or taken out options on 5. 5 million shares -- and he's got some ideas about how Netflix (NFLX) can lift its stock's value.

People:

Carl Icahn

Overall Sentiment: 0.176972

Relevance: 0.960947

Disambiguation: BoardMember | CompanyFounder | CompanyShareholderReferences:

CEO Reed Hastings

Overall Sentiment: 0.12137

Relevance: 0.281553

SentimentQuote
-0.251733CEO Reed Hastings recently called the projection "a forecasting error," ...
Sentiment Stats:
  • Number of Quotes: 1
  • Aggregate Sentiment: -0.251733
  • Mean: -0.251733
  • Standard Deviation: 1.4142135623731
Disambiguation: BoardMember | CompanyFounderReferences:

Key:

  • Aggregate Sentiment is meant to be an indicator of an individual's overall sentiment.
  • The Mean is meant to be an indicator of an individual's average comment sentiment.
  • The Standard Deviation, when there are enough quotes, will indicate an individual's consistency of sentiment (i.e. a Standard Deviation of 0 would mean they were very consistent in their sentiment and 1 would mean they were very inconsistent).

Note that quote stats are likely to be meaningless beyond the aggregate score due to the tiny sample size. However, they are always provided just in case you find something useful there.

Additional Info:

Company: Netflix

Overall Sentiment: 0

Relevance: 0.817845

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