• Apple's stock just went into the red for the year

    9 days ago - By Business Insider

    Apple stock closed at $168.49 on Friday, sliding more than 3%.
    Apple is now down for the year. On the last day of trading in 2017, December 29, it closed at $169.23.
    Apple stock has had a wild year of ups and downs. It gained more than 35% through the first nine months of the year - spurred by tax cuts, share buybacks, and rising iPhone prices.
    But it has slumped over the past two months. It's lost 27% since October 3, when it closed at $232.07.
    There are a lot of reasons for Apple's slide , including fears of slowing iPhone sales, reduced disclosures, and China risk.
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