Home
Subscribe (free)
About NaturalNews
Contact Us
Write for NaturalNews
Media Info
Advertising Info

Apple's overpriced stock loses $158 BILLION as investors flee market collapse


Apple

Most Viewed Articles
https://www.naturalnews.com/050887_Apple_overpriced_stocks_market_collapse.html
Delicious
diaspora
Print
Email
Share

(NaturalNews) On a day when the Dow Jones Industrial Average lost 530 points and 3 percent of its value, investors were particularly unkind to tech giant Apple.

The firm managed to ride a bull market to new heights in recent years, becoming the United States' most valuable company during that time. But now, the pendulum is swinging the other way, and the market's dramatic sell-off on Friday took a heavy toll on the iPhone and iPad maker.

Apple's stock price fell $6.72, or a full 6 percent, to close at $106.02. In all for the week, Apple's losses were 8.5 percent, making it the worst performer in what is turning out to be an ugly stock market, USA Today reported.

By the closing bell at Friday's session, $158 billion in Apple valuation simply vanished. As the paper further reported:

The fate of Apple is more than a story of single stock. Apple is the the [sic] stock that captures if not personifies this bull market. It's a top holding by individual investors – many of whom are new in the market. Its shares have benefited from the mobile data boom, which fueled much of the bull market. And Apple's enormous profit margins and surging record cash pile are a testimony of the company's ability to command premium pricing for its products – and consumers' willingness to pay up.

But the same factors that made Apple so important during the bull makes it the key stock to watch as the market unravels. The Apple stock crash is reaching proportions that are downright ugly – breaching three important levels that quantify just how this isn't your typical decline.

Continue reading the full article at Collapse.news to learn about the three important factors showing how momentous Apple's stock price collapse really is.

Join the Health Ranger's FREE email newsletter
Get breaking news alerts on GMOs, fluoride, superfoods, natural cures and more...
Your privacy is protected. Unsubscribe at any time. | Learn more...

comments powered by Disqus


Natural News Wire (Sponsored Content)

Science.News
Science News & Studies
Medicine.News
Medicine News and Information
Food.News
Food News & Studies
Health.News
Health News & Studies
Herbs.News
Herbs News & Information
Pollution.News
Pollution News & Studies
Cancer.News
Cancer News & Studies
Climate.News
Climate News & Studies
Survival.News
Survival News & Information
Gear.News
Gear News & Information
Glitch.News
News covering technology, stocks, hackers, and more

Get alerted on heavy metals and pesticide test results for foods and supplements

Natural News is about to begin releasing lab test results for off-the-shelf food, supplement and pet food products, covering heavy metals, nutritive minerals, pesticides and herbicides. These details will be released exclusively to Natural News email newsletter subscribers (FREE) and will NOT be publicly posted on the website. To be alerted, join our free email newsletter now, and watch for lab test results in the weeks ahead.

Enter your email address below to subscribe to our email announcement list (but don't use gmail). Your privacy is protected and you can unsubscribe at any time. If you don't join our email list, you may never see our valuable content again via Facebook, Google or YouTube. CENSORSHIP has now reached EXTREME levels across the 'net. The truth is being suffocated. Subscribe now if you want to escape the delusional bubble of false reality being pushed by Google and Facebook.

Once you click subscribe, we will send you an email asking you to confirm your free subscription.