Icahn Scoops Up Apple Stock Post Product Launch Plummet
Apple received a rude rebuff from Wall Street Tuesday after rolling out its latest line of mobile phones, but Tim Cook's loss may turn into a gain for Carl Icahn. When Apple's share price tumbled from a little north of $500 before the announcement of the iPhone 5s and 5c to less than $470 after it, former corporate raider Icahn swooped in and began buying stock.
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