“Apple Inc.’s stock slumped 1.8% in morning trade Thursday to set the stage for a third straight loss, the longest such stretch since a three-day losing streak ending Jan. 16,” Tomi Kilgore reports for MarketWatch.
“The technology giant’s stock has lost 4.8% during the current streak, which began after first-quarter results were announced late Monday,” Kilgore reports. “The last time Apple suffered three straight post-results losses was in the wake of fourth-quarter 2013 results, reported after the Jan. 27, 2014, close.”
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MacDailyNews Take: Apple today closed down $3.49 (-2.71%) at $125.15.