ORIGINAL POST: Ugly!
Apple down over 4%!
Really heavy selling in the final moments.
This is the low of the day.
As for why?
Street Insider posts 5 theories for what’s up, but nothing’s that compelling. It’s all “profit taking” and hedge fund rotation. All possible, but all kind of meaningless.
UPDATE: Really fugly finish to the day. The stock fell over 4%, with much of the selling late in the day.
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