COOPERMAN: 'Netflix is an acquisition candidate for somebody' (NFLX, FDC, C)
Leon Cooperman is done with Netflix for now.
The hedge fund legend told CNBC on Wednesday that the video-streaming company is no longer in his portfolio for "no particular reasons."
"I think ultimately Netflix is going to work, but I think somebody buys the company at a nice premium," Cooperman, who founded Omega Advisors, said.
"Netflix is an acquisition candidate for somebody," he said.
Netflix's most recent quarterly results showed that the company is struggling to grow do
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