Things Are Getting Ugly Again For Apple

What makes Apple’s recent share weakness isn’t the selling per se, but the drastic underperformance against the total market.

As such, we like looking at this chart of Apple vs. SPY (the S&P 500 ETF).

It’s down nearly 1% today, and what’s interesting is that this measure is now almost where it was before its big earnings pop.

chart

Photo: Stockcharts.com

NOW WATCH: Money & Markets videos

Business Insider Emails & Alerts

Site highlights each day to your inbox.

Follow Business Insider Australia on Facebook, Twitter, LinkedIn, and Instagram.


Tagged In

apple moneygame-us