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Michael: Icahn's $240 Apple Claim "Speculative"
Apple is trading in the $130 range. But activist investor Carl Icahn recently declared the shares were worth $240. He's basing that on two very big assumptions - big even for Icahn.
Now, Michael is a huge Apple fan, but he believes Icahn pulled the number out of thin air...
Apple is trading in the $130 range. But activist investor Carl Icahn recently declared the shares were worth $240. He's basing that on two very big assumptions - big even for Icahn.
Now, Michael is a huge Apple fan, but he believes Icahn pulled the number out of thin air...