Carl Icahn Sells Netflix As Apple Represents 'Same Opportunity' From Years Ago

Netflix, Inc. NFLX shares have had an interesting Wednesday morning. The company announced a 7-for-1 stock split on Tuesday night. This helped lead shares more than $13, or 2 percent higher Wednesday morning. Carl Icahn helped put a small damper on the party. At 10:41 a.m. ET, Icahn tweeted he sold the last of his Netflix shares.

Sold last of our $NFLX today. Believe $AAPL currently represents same opportunity we stated NFLX offered several years ago.

— Carl Icahn (@Carl_C_Icahn) June 24, 2015

See Also: Lucky Number 7? Netflix Splits Stock, Shares Rise Shares had hit an all-time intraday high of $706.20 before spiking own sharply on the news, hitting a low of $687.38 and then slightly rebounding. Year-to-date, shares are up more than 102 percent, gaining about $350 in value. Shares of Apple Inc. AAPL, which were already trending higher on the day, received another catalyst. Shares spiked up on the news and recently traded at $129.47, up $2.48 or 2 percent on the day. Year-to-date, shares are up more than 17 percent, gaining about $19 in value.