2 Rights and 2 Wrongs with Apple's 'New Icahn'

2 Rights and 2 Wrongs with Apple's 'New Icahn'

In just a couple of days, it's already kind of become "old news". On Tuesday of this week, Carl Icahn, billionaire investor and generally agitated old person, revealed that he has taken a "large position" in Apple (AAPL).

"We currently have a large position in Apple. We believe the company to be extremely undervalued. Spoke to Tim Cook today. More to come," Icahn said on Twitter.

So far, it's looking like Icahn, who has a notorious history of being a pest to CEO's, is making nice with current Apple CEO Tim Cook.

Forbes reported on the size of Icahn's investment:

Read Full Article »
Comment
Show commentsHide Comments

Related Articles

Market Overview
Search Stock Quotes
Partner Videos