Icahn Enterprises Blasts Higher For Second Day In A Row - Apple (NASDAQ:AAPL), Freeport-McMoRan (NYSE:FCX)

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Icahn Enterprises (NYSE: IEP) share are trading higher by $4 at $61.01 in Monday's session. The rally is taking place on top of the issue's $5.54 gain in Friday's session. It has added nearly 18 percent or $9.15 from last Thursday's close of $51.85.The rally is reflecting large up moves in some of its holdings such has Federal Mogul (NASDAQ: FDML) and Freeport -McRohan (NYSE: FCX) over the last few weeks.If the rally continues beyond its current high of $61.71, there may be additional resistance at its January 7 high ($62.64),The all time high for the issue was made in December 2013 at $149.77, when Icahn was extremely active in the Twittersphere touting his big stakes in Apple (NASDAQ: AAPL) and Herbalife (NYSE: HLF).

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