Report: False Icahn Rumor Moves IBM - IBM (NYSE:IBM)

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International Business Machines Corp.'s (NYSE: IBM) 2 percent gain earlier Monday was touched off by a false rumor that activist investor Carl Icahn had been buying shares, a CNBC TV reporter said.Citing unnamed sources, the report at about 2:30 p.m. ET, said Icahn "has absolutely no involvement in IBM."

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Sources tell me @Carl_C_Icahn has absolutely no involvement in $IBM. Stock had moved earlier on rumor that he did.
— Scott Wapner (@ScottWapnerCNBC) November 24, 2014

IBM shares retreated slightly in afternoon trading but were still up 0.8 percent recently, at $162.22.A similar, unsourced rumor

surfaced several weeks ago regarding Icahn's interest in IBM.Following the company's earnings miss last month, New York Times business columnist Andrew Ross Sorkin commented that the company's massive stock buybacks and dividend payments "have managed to keep activists and vocal hedge-fund investors at bay — at least so far."But if IBM's performance doesn't turn around soon, Sorkin said the company may face "a mini- mutiny."