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Saturday, October 26, 2024

The Incredible Power Of A Carl Icahn Tweet

The Incredible Power Of A Carl Icahn Tweet

Courtesy of Julia La Roche at Business Insider

This stock chart shows the power of Twitter. Or perhaps just the power of a billionaire on Twitter.

At 2:21 p.m. ET, legendary investor Carl Icahn Tweeted that he has a huge stake in Apple and then the stock ripped. 

The 77-year-old investor added more than $17.26 billion to Apple's market cap this afternoon. 

The stock was last trading around $494 a share with 908.5 million shares outstanding. The stock was trading around $475 pre Tweet. 

Check out the chart: 

apple

Yahoo! Finance

 

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