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One ETF Destination for Apple Preferred Shares
Editor's Note: This content was originally published on by The ETF Professor Benzinga Staff Writer. Just to be clear Apple (NASDAQ:AAPL) has not yet issued preferred shares but the company has the right to do so. The iPad and iPhone maker is also asking shareholders to vote on a proposal later this month that would require their approval before the company issues preferred stock. Greenlight Capital's David Einhorn who wants to see Apple return more of its massive $137.1 billion cash hoard to investors last week sued Apple over the proposal. The hedge fund manager is alleging the ...
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