 LinklistPremium join:2002-03-03 Longport, NJ kudos:5 1 edit | Apple stock on a 2 month slide Looks like Apple stock is struggling lately at $526.59/share. What is wrong? » finance.yahoo.com/echarts?s=AAPL···defined;» www.reuters.com/article/2012/11/···20121116Apple Inc, the largest U.S. stock by market value, was headed toward its eighth straight week of declines on Friday
Since hitting a record high of $705.07 a share in September, Apple has lost about a quarter of its value. The stock's descent has vastly outpaced those of the S&P 500, which is down just under 7 percent in the same time frame.
Apple's stock has been below both its 14-day and 50-day moving average for over a month, suggesting both the short- and mid-term momentum is negative.
-- A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves money from the public treasury. |
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 Simba7I Void Warranties join:2003-03-24 Billings, MT | said by Linklist:Looks like Apple stock is struggling lately at $526.59/share. What is wrong? Because people are realizing that Apple is no longer innovating and now copying. Looks like their bubble finally burst. |
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 dnoyeBFerrous Phallus join:2000-10-09 Southfield, MI | The fact is nothing new. The realization is the problem. Seems like the Apple marketing machine could use some grease. |
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