Apple Share Prices Fall After Wells Fargo Downgrades Its Rating [Report]

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Apple Share Prices Fall After Wells Fargo Downgrades Its Rating [Report]

Apple’s shares closed at 1.4 percent lower for Tuesday’s trading — ending the day at $553.13. The reason in a nutshell: that Wells Fargo changed its rating for Apple from “outperform” to “market perform”. While this downgrade wasn’t accompanied by<span class="ellipsis">…</span><div class="read-more">Read more ›</div><!-- end of .read-more --><img width='1' height='1' src='http://cultofmac.com.feedsportal.com/c/33797/f/606249/s/3573ba6b/sc/2/mf.gif' border='0'/><br clear='all'/><div class='mf-viral'><table border='0'><tr><td valign='middle'><a href="http://share.feedsportal.com/share/twitter/?u=http%3A%2F%2Fwww.cultofmac.com%2F260586%2Fapple-share-prices-fall-wells-fargo-downgrades-rating-report%2F&t=Apple+Share+Prices+Fall+After+Wells+Fargo+Downgrades+Its+Rating+%5BReport%5D" target="_blank"><img src="http://res3.feedsportal.com/social/twitter.png" border="0" />[/url]&nbsp;<a href="http://share.feedsportal.com/share/facebook/?u=http%3A%2F%2Fwww.cultofmac.com%2F260586%2Fapple-share-prices-fall-wells-fargo-downgrades-rating-report%2F&t=Apple+Share+Prices+Fall+After+Wells+Fargo+Downgrades+Its+Rating+%5BReport%5D" target="_blank"><img src="http://res3.feedsportal.com/social/facebook.png" border="0" />[/url]&nbsp;<a href="http://share.feedsportal.com/share/linkedin/?u=http%3A%2F%2Fwww.cultofmac.com%2F260586%2Fapple-share-prices-fall-wells-fargo-downgrades-rating-report%2F&t=Apple+Share+Prices+Fall+After+Wells+Fargo+Downgrades+Its+Rating+%5BReport%5D" target="_blank"><img src="http://res3.feedsportal.com/social/linkedin.png" border="0" />[/url]&nbsp;<a href="http://share.feedsportal.com/share/gplus/?u=http%3A%2F%2Fwww.cultofmac.com%2F260586%2Fapple-share-prices-fall-wells-fargo-downgrades-rating-report%2F&t=Apple+Share+Prices+Fall+After+Wells+Fargo+Downgrades+Its+Rating+%5BReport%5D" target="_blank"><img src="http://res3.feedsportal.com/social/googleplus.png" border="0" />[/url]&nbsp;<a href="http://share.feedsportal.com/share/email/?u=http%3A%2F%2Fwww.cultofmac.com%2F260586%2Fapple-share-prices-fall-wells-fargo-downgrades-rating-report%2F&t=Apple+Share+Prices+Fall+After+Wells+Fargo+Downgrades+Its+Rating+%5BReport%5D" target="_blank"><img src="http://res3.feedsportal.com/social/email.png" border="0" />[/url]</td><td valign='middle'></td></tr></table></div>

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Source: Apple Share Prices Fall After Wells Fargo Downgrades Its Rating [Report]