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"Fast Money" pros weigh in on Apple stock after well-known money managers stake positions.
The market heads into a long weekend looking for its next big move. The FMHR traders discuss the battle over Apple heating up as some of Wall Street's biggest players take sides on the stock.
Apple was the battleground stock of the month, says CNBC's Kayla Tausche, reporting on the Apple trades of big investors. George Soros and David Einhorn were among the whales who upped their share in the Cupertino tech giant, she says.
Some of the names on the move ahead of the open.
Carl Icahn bought 14 million shares of Herbalife, making a major bet against Pershing Square's Bill Ackman, who is short the stock. The two had an epic showdown on CNBC last month .
Apple stock could retest the $435 level, Dan Nathan of RiskReversal.com says.
As money managers take more extreme stakes in Apple stock, Dan Nathan of RiskReversal.com says that the company could retest the $435 level.
Check out which companies are making headlines after the bell Thursday:
Dissecting the day's major business news, with the Fast Money traders; and CNBC's Kayla Tausche reports Greenlight Capital has increased its stake in Apple.
Some of the biggest hedge funds that helped make Apple a stock market darling lost faith and dumped their stakes in the fourth quarter, fueling the massive drop in the iPhone maker's share price.
Dell Chief Executive Michael Dell, aiming to clinch a $24.4 billion deal to take the No. 3 PC maker private, has agreed to value his 16 percent stake about 2 percent below the offer price.
Apple may hold a TV related event in March, but don't get too excited, it's not the TV news you were hoping for, one analyst said.
Peter Misek, Jefferies & Company, says Apple will introduce a program that allows developers to write apps for Apple TV.
Apple defended its proxy in a legal filing against David Einhorn's lawsuit on Wednesday, stating in the filing that the lawsuit was a way for Einhorn to "induce" Apple to adopt a new type of preferred stock.
Robert Levitt, Founder & CEO, Levitt Capital Management says stocks like Apple have lost their safety premiums. He says dividend-paying stocks are coming off due to a growing risk environment.
Facebook's recent performance shows additional growth potential, Mark Mahaney of RBC Capital Markets says.
Stocks ended off session lows but the Dow still finished in negative territory Wednesday, as investors took a pause amid a lack of significant market catalysts and after the S&P briefly hit its highest level since December 2007.
Check out which companies are making headlines after the bell Wednesday:
It's LinkedIn employees' lucky day. LinkedIn CEO Jeff Weiner just gave every employee an iPad mini.
CNBC's Brian Sullivan reports what Apple's response to hedge fund manager David Einhorn's lawsuit against the company.