Market Overview

Carl Icahn Shrugs At Apple Inc. Event, Sends Shares Charging Higher

Share:
Related AAPL
IPOs Are Buzzy…But Do They Live Up to The Hype?
The Biggest Name In Cutting Edge Wearable Tech Is... Warren Buffett?
Best And Worst Performing Stocks Since The Inauguration (Seeking Alpha)

While most of the Street is hyper-focused on the upcoming Apple Inc. (NASDAQ: AAPL) event Tuesday afternoon (see: Everything You Need To Know Before Apple Inc.'s Big iPhone 6 Event), one investor -- arguably the investor in Apple -- is shrugging: Carl Icahn.

Shares of Apple have ticked back over the $100 level in early-afternoon trading Tuesday (up about 0.7 percent over the last 20 minutes) as Bloomberg's Trish Regan just unleashed a tweet storm of comments coming from Icahn:

As of Icahn's latest 13F, filed on August 14 for the quarter ended June 30, the activist showed a nearly 52.8 million share stake in Apple, about 0.88 percent of the outstanding shares.

Icahn appears to be currently moving the price in Apple; however, this is likely to change over the next half hour as the Apple event will kick off at 1 p.m. EDT. Tune into Benzinga's Pro feed to see all of the updates from the event in real time!

Posted-In: Carl IcahnNews Hedge Funds Movers General

 

Related Articles (AAPL)

View Comments and Join the Discussion!