Carl Icahn Buys $500 Million More in Apple Shares, Again

Carl Icahn, an activist investor, revealed that he has purchased an additional $500 million in Apple shares. The announcement comes after Wall Street’s disappointment with the companies earnings report.

Apple’s share price closed at $550 yesterday and fell as low as $503 at open this morning. Last week, Icahn announced his share has passed $3 billion, but as of today he owns in excess of $4 billion in Apple, which works out to almost 1 percent of the company.

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