Apple (AAPL) Slammed as Clearing Firms Raise Margin Requirements

December 5, 2012 9:59 AM EST Send to a Friend
Shares of Apple Inc. (NASDAQ: AAPL) are weaker on word clearing firms are raising the margin requirement for clients.

StreetInsider.com confirmed that COR Clearing raised its margin requirement specifically on Apple from 30% to 60% Wednesday, citing a "high concentration."

Shares of Apple are down $17, or 2.95%, to $558.85.


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