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.
Source Fool.com