SAN FRANCISCO (MarketWatch) — With its market value still more than 30% below its peak, Apple Inc. has drawn the gaze of investor activist Carl Icahn, who announced a “large position” on the iPhone maker’s stock on Tuesday afternoon.
The Tweet gave a notable boost to Apple’s stock, which was up more than 4.7% to $489.57 by the closing bell. The shares were up about 1.8% prior to Icahn’s announcement.
“We currently have a large position in Apple. We believe the company to be extremely undervalued,”Icahn tweeted.
http://www.marketwatch.com/story/apple-jumps-as-icahn-tweets-about-large-stake-2013-08-13
Read our previous post on Icahn pick on CHK(Chesapeake Energy), during the time we posted. It was just USD$17.60 and now it is already at USD$25.03. This is 42% gain in 9 month.
Previous post : http://www.andy-yew.com/2012/11/us-stock-chesapeake-energy.html
If you want to know how to Buy US stock. Just drop us an email!.. ==> : arteam@phillip.com.sg
