“Out of a dozen stocks on the S&P 500 with market caps above $200 billion, Apple is the only one to be negative for 2013 so far, according to FactSet,” Gallagher reports. “The other 11 firms have averaged a gain of about 10% since the first of the year, while Apple is down more than 18% in that time frame.”
Gallagher reports, “Apple remains the largest firm on the S&P 500 with a market cap of about 407.5 billion, based on current prices, though Exxon Mobil is back to nipping at its heels with a market cap of about $403.5 billion.”
Read more in the full article here.
MacDailyNews Take: Sentiment.