NEW YORK: Billionaire activist investor Carl Icahn increased his stake in e-commerce company eBay Inc. while booking more profits from his stake in Netflix Inc. in the third quarter, a regulatory filing.
Icahn increased his stake in eBay by 15 million shares to a total of 45.8 million shares as of the end of September, up from 31 million at the end of June. He cut his stake in Netflix, the streaming video company, by 353,000 shares to 1.4 million shares, a filing with the Securities and Exchange Commission showed.
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