Einhorn’s Apple shares reduced

Recently published information reveals: David Einhorn’s stake concerning Apple Inc. was cut. He shed struggling Best Buy Co. – a retailer in electronics and Carefusion Corp. – a company producing medical devices. 

Concerning new acts of investment, Greenlight Capital invested in General Motors Co., automaker, to 21.6 mln, by 4.2 mln. Einhorn’s dealings with Yahoo Inc. were resumed with a new stake of 5.1 mln shares, the company currently undergoing a change of management.  

GC’s investments in Apple – the technology giant – were reduced to 1.1 mln shares (by a quarter).

Einhorn, famous for his success in shorting Lehnam Brothers Holdings Inc. before the firm’s collapse some 4 years ago, began investing in Best Buy in early 2011. Back in 2009 he commenced moving into Carefusion.