Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Apple Stock Plunged Today


Shares of Apple (NASDAQ: AAPL) fell on Friday, furthering the technology titan's recent swoon. As of 10:35 a.m. EDT today, Apple's stock was down more than 6%.

After seeing its market cap soar to a staggering $2.3 trillion following its blockbuster third-quarter results and subsequent stock split, Apple has now shed roughly $350 billion in total market value. That's a stunning figure -- one that's larger than the market caps of approximately 98% of the other companies in the S&P 500. 

Apple's stock has plummeted in recent days. Image source: Getty Images.

Continue reading


Source Fool.com

Like: 0
Share

Comments