Icahn Salivates Over Apple's Cash Trove
Apple shareholders rejoiced when noted corporate raider Carl Icahn tweeted that he'd taken a large position in the company and said it was undervalued. Its shares closed at $497.91 on Thursday, down 59 cents from Wednesday's close. However, that was up 96 cents from Thursday's opening price. Trading was volatile on Thursday, with prices climbing above $500 at least once.
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