 "Icahn tweets he will send open letter to Apple")
Billionaire activist investor Carl Icahn tweeted on Wednesday, saying he would send an open letter to Apple on Thursday. “Tmrw we’ll be sending an open letter to @tim_cook. Believe it will be interesting,” he tweeted through his handle @Carl_C_Icahn. The investor has in the past urged Apple to return more of its cash to shareholders and pressured the company to raise its stock buyback and dividend. Icahn also tweeted that his fund had announced a large position in Apple just over a year earlier and noted that the company’s stock had risen 50.6 percent since then. Icahn was not immediately available for comment. Apple shares were up 2 percent at $100.73 in late afternoon trading. More than 43 million shares had changed hands by 15:11 p.m. ET. Reuters
Billionaire activist investor Carl Icahn tweeted on Wednesday, saying he would send an open letter to Apple on Thursday. “Tmrw we’ll be sending an open letter to @tim_cook. Believe it will be interesting,” he tweeted through his handle @Carl_C_Icahn. The investor has in the past urged Apple to return more of its cash to shareholders and pressured the company to raise its stock buyback and dividend. Icahn also tweeted that his fund had announced a large position in Apple just over a year earlier and noted that the company’s stock had risen 50.
Advertisement
End of Article
Written by FP Archives
see more
 "Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?")
 "As Russia pushes east, Ukraine faces mounting pressure to defend its heartland")
 "Why Mossad was not on board with Israel’s strike on Hamas in Qatar")
 "Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe")
 "Russian drones over Poland: Trump’s tepid reaction a wake-up call for Nato?")
 "As Russia pushes east, Ukraine faces mounting pressure to defend its heartland")
 "Why Mossad was not on board with Israel’s strike on Hamas in Qatar")
 "Turkey: Erdogan's police arrest opposition mayor Hasan Mutlu, dozens officials in corruption probe")
