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Netflix Stock Up On Takeover Talk, Internet Traffic
Netflix (NFLX) shares rose Wednesday on an otherwise down day for the stock market, driven by continued speculation that it's an acquisition target and a new report showing its dominance in online video streaming. Netflix was put in play by billionaire investor Carl Icahn, who has acquired nearly a 10% stake in the company. Icahn says Netflix stock is undervalued and that the company would make a good acquisition for Amazon.com (AMZN), Microsoft
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