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Icahn says bigger buybacks can drive Apple shares to $700

Activist investor Carl Icahn said via Twitter he has amassed a "large position" in Apple and believes the stock could be worth as much as $700 a share if Chief Executive Tim Cook pushed for a larger stock buyback. The surprise revelation from the billionaire activist caused a stir on Wall Street and pushed Apple's stock almost 5 percent higher to close at a 7-month high of $489.57

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