Icahn Buys Stake In Nuance, Then Apple Inc. – Planning A Coup?

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HFA Staff
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Apple Inc. (NASDAQ:AAPL) is a stock that in the past has proved less pliable to hedge fund manoeuvrings, as it does not shoot up or plunge on mere disclosures, partly because of the extreme noise around the stock and also the huge market cap. However today Carl Icahn has attempted just that—taking to his favorite mode of communication these days, he gladly tweeted that he has taken a position in Apple Inc. (NASDAQ:AAPL) and has talked to CEO Tim Cook, as well. In response shares of the tech...

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.