David Einhorn's Greenlight Capital sold its remaining shares of Apple due to its heightened valuation and growing fear of Chinese retaliation in response to U.S. tariffs, according to the billionaire's third quarter letter to investors.
"We ultimately sold because our differentiated thesis from 2011 has become consensus," Einhorn said. "We are somewhat worried about Chinese retaliation against America's trade policies."
This is a developing story. Check back for updates.
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