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Apple (AAPL) gains following Einhorn suit
Apple (NASDAQ: AAPL) shares moved up 1.3% to $474.06 after David Einhorn’s Greenlight Capital sued the company on its plan to remove preferred stock from its charter. Einhorn has been pressuring the company to do more to return cash to shareholders via preferred shares. Share volume was eight million, compared to an all-day average of 21.6 million
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