Carl Icahn Takes a Stab At Beaten-Up Genzyme (GENZ), Can He Spark a Rally

November 16, 2009 5:48 PM EST

Carl Icahn's Icahn Capital hedge fund disclosed a new 1,450,800 share stake in Genzyme Corp. (Nasdaq: GENZ).

This is interesting as GENZ has been getting pounded recently due to quality issues with the FDA. Icahn has had success with biotech/pharma.

Maybe Icahn can spark a rally in the stock.


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