Soros Follows Icahn On Apple Stock Purchase

Law360, New York (August 15, 2013, 1:20 PM EDT) -- Hedge fund manager George Soros more than doubled his Apple Inc. stake in the second quarter, according to a filing made late Wednesday, adding him to a growing list of high-profile investors betting big on the tech darling’s turnaround.

Soros’ disclosure — which showed a beefed-up holding of 66,800, worth $33.4 million — came a day after noted activist Carl Icahn fired up the stock with an announcement that he has taken a “large position” in the company and would push for a heftier buyback plan....
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