3 Reasons Icahn May Want Netflix

It has been an interesting week for Netflix (NFLX 1.74%). Shares for the company closed up more than 14% yesterday after the news that activist investor Carl Icahn acquired a 10% stake in the company. 

Lyons George looks at three possible reasons that Icahn may have taken this stake:

1. He expects Netflix may be acquired and wants to ride the inevitable pop. 
2. He wants to fire, or at the very least correct, Reed Hastings
3. He may simply think the stock is undervalued and want to ride the stock to its full valuation.