“Apple Inc.’s stock was down 1.3% in morning trade, putting it on track to suffer back-to-back losses for the first time in nearly six week,” Tomi Kilgore reports for MarketWatch.
“Apple’s stock has now lost 1.9% since closing a record high of $133 on Monday,” Kilgore reports. “The last time it fell for at least two straight sessions was when it declined 3.8% during a three-day losing streak ending Jan. 16.”
Read more in the full article here.
MacDailyNews Take: Overreaction to recent events (see related articles below) that the average mom and pop investor does not fully understand and neither of which will negatively affect Apple in the long run.
Profit from the ignorance of the flock.
China drops Apple, others from approved state purchase lists – February 25, 2015
Rocket docket jury orders Apple ordered to pay $532.9 million in patent trial; Apple to appeal – February 25, 2015