Posted Nov. 8, 2012 at 6:47 a.m.

Premium Lock Street turns bearish on Apple - Stock plunges 20% from record high

Published: 2012-11-08 06:47:00
Updated: 2012-11-08 06:47:00

Bears are growling Bears are growling Image 1 of 3 · Next Image…

Amid broader market declines, Apple fell 3.8 percent Wednesday to $558 at the close in New York, after accounting for a dividend payout of $2.65 a share. The stock peaked at an intraday high of $705.07 on Sept. 21. A bear market is generally defined as when a stock falls 20 percent or more over a prolonged period....

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