14.08.2013 19:35 Uhr, Quelle: Macrumors

Hedge Funder Lee Cooperman Takes 'Modest Position' in Apple, Drives Stock Price Over $500

Following yesterday's news that investor Carl Icahn has taken a greater than $1 billion position in Apple, believing the company is 'extremely undervalued', today Lee Cooperman of hedge fund Omega Advisors says he agrees with Icahn and that his firm has taken a modest position in Apple, according to CNBC. The news has driven Apple's stock price over $500 for the first time seven months. Apple first breached the $500 barrier in February of 2012, nearly 18 months ago to the day. Scott Wapner reporting earlier today on CNBC: Much is being made of Carl Icahn's big new position in Apple, but fr

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