neufuse Veteran Posted April 29, 2016 Veteran Share Posted April 29, 2016 (edited) Billionaire investor Carl Icahn told CNBC on Thursday he has sold his Apple position as the tech giant's stock continues to shed value after disappointing earnings. "We no longer have a position in Apple," Icahn told CNBC's "Power Lunch," noting Apple is a "great company" and CEO Tim Cook is "doing a great job." Icahn previously owned a little less than a percent of the tech giant's outstanding shares, which were down more than 3 percent midafternoon Thursday after falling more than 6 percent Wednesday. He said he made roughly $2 billion on Apple, a stock he continued to tout as "cheap" despite his reservations. http://www.cnbc.com/2016/04/28/icahn-we-no-longer-have-a-position-in-apple.html Looks like he wanted out of Apple big time.... and blamed it on china of course but hey, the guy made $2 billion in the deal..... Link to comment Share on other sites More sharing options...
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