Billionaire investor Carl Icahn has sold his entire position in Apple’s stock as it continues to lose value following disappointing earnings, reports CNBC. Icahn owned a little under a percent of AAPL shares.”We no longer have a position in Apple,” Icahn told CNBC’s “Power Lunch,” noting Apple is a “great company” and CEO Tim Cook is “doing a great job.”Apple’s stock is down about 3% today after falling 6% on Wednesday. The company reported its first down quarter in 13 years on Tuesday.Share Article:Facebook, Twitter, LinkedIn, Google Plus, Email, Reddit, Digg, Delicious, StumbleUponFollow iClarified:Facebook, Twitter, LinkedIn, Google Plus, Newsletter, App Store, YouTubeAdvertise Here
Source: iClarified Read More: Carl Icahn Sells All His Apple Stock [Video]