America’s billionaire investor Carl Icahn revealed via his Twitter account that he had invested heavily in Apple with special mentioning that the company has been “extremely undervalued.” The news results in Apple stock jumped 4.75 percent, adding an estimated $17.1 billion to the company’s market value.
We currently have a large position in APPLE. We believe the company to be extremely undervalued. Spoke to Tim Cook today. More to come.
— Carl Icahn (@Carl_C_Icahn) August 13, 2013
Photo Credit: Flickr/Cheon Fong Liew