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Carl Icahn Sells Netflix Stake; Dow Falls 178 as Investors Worry Over Greek Debt Woes

July 6, 2023
in Trade Tube
Reading Time: 1 min read
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It was a sea of red on Wall Street Wednesday, with each of the three major stock indexes posting losses, including a triple-digit decline in the Dow Jones Industrial Average. Investors were shaken as talks between Greece and its negotiators stalled, once again. A special Eurogroup meeting was held on Wednesday, but was unsuccessful, according to CNBC. Greece has a payment due to the International Monetary fund on June 30. Oil ended the trading day lower, settling at $60.27 per barrel. Billionaire investor Carl Icahn sold his stake in Netflix (NFLX) on Wednesday, in an announcement on Twitter. This comes after the company announced on Tuesday it will execute a 7-for-1 stock split come July 14. Plus, homebuilder Lennar (LEN), was the best performing stock in the S&P 500, after reporting second-quarter earnings per share that exceed analysts’ estimates by $0.15.

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