Following Netflix, Inc. NFLX’s 7-for-1 stock split on Tuesday afternoon, legendary investor Carl Icahn posted a Tweet disclosing the termination of his position in the company.
The activist shareholder stated said he got rid of all of his Netflix stock, as his firm believes Apple Inc. AAPL currently represents the same opportunity they stated Netflix offered several years ago.
Related Link: Did Carl Icahn Really Just Say That?
Later, on CNBC’s Halftime Report, Icahn said Netflix is "still a great company" and that "Reed Hastings has done a great job." However, he believes Apple currently is "where Netflix was a couple of years ago." The investor then added that Apple is his favorite stock, characterizing it as "one of the greatest stocks of the century" and highlighting the management's focus on GAAP results.
These comments have provided an additional boost to Apple’s stock, which was already surging on Wednesday. Now, let’s take a look at how Twitter Inc TWTR is reacting to the news.
Some were not that surprised:
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