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Einhorn Says Apple (AAPL) Deserves a Higher Multiple

May 16, 2012 3:57 PM EDT
David Einhorn is moving shares of Apple (Nasdaq: AAPL) into Wednesday's close as he just said the stock is worthy of a higher multiple. He believes Apple is the most misunderstood stock in the market.

Apple shares are now down about 1.3 percent to $546.


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