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Title: Apple Takes a Dizzying Plunge on Wall Street Post by: HCK on December 07, 2012, 03:01:05 am Apple Takes a Dizzying Plunge on Wall Street
In one day this week, Apple's stock dropped by almost 7 percent -- its biggest single-day loss in four years, and a highly unusual development for this rock-star device maker that not too long ago launched the new iPhone 5. The decline moves Apple closer to the so-called death cross -- the point at which a stock's long- and short-term trend lines start to head down. http://ectnews.com.feedsportal.com/c/34520/f/632003/s/26588a1a/l/0L0Smacnewsworld0N0Crsstory0C767930Bhtml/story01.htm |