Why Investors Lost Their Taste for Apple Today
Quick, what's the most-shorted stock on the U.S. market just now?
It's likely your guess wasn't Apple (NASDAQ: AAPL), as it's an enduringly popular stock anchoring a tech brand beloved by millions.
No one likes to hear that their company tops the list of short interest, so investors traded Apple down on Thursday, following the reveal. At the end of the day, the company's share price had slipped by nearly 2%.
Source Fool.com