“Apple shares fell sharply immediately after the open, falling briefly to around $275, down about 5.5% from Monday’s close of $291.16,” Matt Phillips reports for The Associated Press.
“Apple is nearly everybody’s favorite stock — and it exerts near planetary gravitational pull on the Nasdaq 100 — any wiggle in the stock’s trajectory attracts a lot of attention,” Phillips reports.
Phillips reports, “We haven’t seen any good explanation for the move yet.”
Full article here.
MacDailyNews Take: Shenanigans: RUMOR: Apple COO Tim Cook leaving to take HP CEO position – September 28, 2010