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Icahn Owned 3.9 Million Shares Of Apple

wochit business
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November 15, 2013 AT 3:13 AM
Activist investor Carl Icahn disclosed that he owned about 3.88 million shares of technology giant Apple. Icahn revealed on social media platform Twitter on August 13 that his investment firm had a "large position" in Apple, but did not specify the size of the stake at the time. Icahn, who has demanded a $150 billion buyback publicly and privately to Apple chief executive Tim Cook since August, has said that Apple shares could trade at $700 with a larger stock buyback.