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Misleading: "Investors punished Apple for its gangbusters quarter. The stock opened at $303.49 today, after closing at $318 yesterday" It was omitted that the
by charlief 16y ago
Misleading: "Investors punished Apple for its gangbusters quarter. The stock opened at $303.49 today, after closing at $318 yesterday"
It was omitted that the stock rallied after the open and closed at $309.49. Investor reaction was not as negative as portrayed in the article, especially given that today was a down day on the broader market.
Some people are picking out a peak for Apple to get out, and selling on news is nothing extraordinary.