Apple (AAPL) in Free-Fall; Down 6%
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Apple (AAPL) Slammed as Clearing Firms Raise Margin Requirements
December 5, 2012 9:59 AM ESTShares 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.... More
