Last year David Einhorn, the billionaire hedge fund manager, predicted that Apple’s market capitalization could hit $1 trillion. Apple’s stock soared until September, but since then its shares have tumbled by 35% and that has been very costly for hedge fund managers like Einhorn.
Last year David Einhorn, the billionaire hedge fund manager, predicted that Apple’s market capitalization could hit $1 trillion. Apple’s stock soared until September, but since then its shares have tumbled by 35% and that has been very costly for hedge fund managers like Einhorn.
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