Carl Icahn Reveals Large Position in Apple, Says Company is 'Extremely Undervalued'
Billionaire Carl Icahn revealed a large position in Apple and said the company is 'extremely undervalued' in a couple rare tweets posted minutes ago.
We currently have a large position in APPLE. We believe the company to be extremely undervalued. Spoke to Tim Cook today. More to come.
Had a nice conversation with Tim Cook today. Discussed my opinion that a larger buyback should be done now. We plan to speak again shortly.
Apple's stock has shot up over 5% on Icahn's remarks....