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David Tepper

By MacRumors Staff on May 14, 2016

David Tepper Articles

Screen Shot 2016 05 14 at 10

Second Investor Dumps Shares as Apple Stock Drops to Near Two-Year Low

Saturday May 14, 2016 3:04 am PDT by Tim Hardwick

Hedge fund billionaire David Tepper has sold his entire stake in Apple, according to a filing with the Securities and Exchange Commission (via Business Insider UK). Tepper's 1.26 million shares in the company were last valued at around $133 million, according to data from Bloomberg. The massive sale of Apple shares is the second reported in as many months, after billionaire Carl Icahn dumped...

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