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Apple shares dip after Icahn says he sold his stake

Fred Imbert

Apple (AAPL) shares extended losses Thursday, falling more than 2.5 percent after activist investor Carl Icahn said he sold his stake in the company.

Apple shares intraday

Source: FactSet

Icahn held a 0.8 percent stake as of Dec. 31, before selling his stake.

Apple's stock has taken a tumble this week, falling nearly 9 percent, on the heels of weaker-than-expected quarterly results, which led to a slew of analysts cutting their price targets .

The stock fell as much as 1.9 percent.

Correction: A previous headline misspelled Icahn.



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