Apple stock price is down, again again and again
Apple stock is being beaten day by day and today is going under the US$100 because of a downgrade by two Wall Street firms citing strong economy downturn and Steve Jobs false heath attack, but Apple has been hit harder than anybody, Wall Street’s analysts are hating everything about Apple this days.
Apple stock has been the Most Admired in Wall Street, but recent days show that analysts tend to play a strange game with Apple‘s stock value, downgrading, guessing or miscalculating the fact in order to get the stock beaten, even Steve Jobs cited the stock manipulation from people interested in gaining more shares for a lower price.
Today new is that Steve Jobs suffered a heart attack using CNN’s iReport, somebody posted the Breaking News and as expected the stock crashed down and recovered later when Apple‘s PR department confirmed it was a false report, but with the same information the stock has been hit, Steve health condition is helping to create a volatile environment where the only loser is the stock holder, we expect Apple request a formal investigation about those dubious news every week that put some pressure to the stock value and help it loses its market value.
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