Change of heart: Icahn was a huge fan of Apple, acquiring a stake in the company almost three years ago.
NEW YORK: Billionaire activist investor Carl Icahn said he had sold his entire stake in Apple Inc, citing the risk of China's influence on the stock.
Icahn, in an interview with cable television network CNBC, also said he was "still very cautious" on the US stock market and there would be a "day of reckoning" unless there was some sort of fiscal stimulus.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
