Apple (AAPL) Falls Mid-Day, Recovers
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Apple, Inc. (NASDAQ: AAPL) saw significant mid-day pressure Tuesday, but shares are now recovering. It is unclear if an erroneous trade was involved in the action, or if a hedge fund liquidation was to blame.
Shares traded as low as $508.03 (-2.6%) moments ago, but are now down just -0.5% to $518.97.
Other market leaders saw similar mid-day action, including: Google (Nasdaq: GOOG), priceline.com (Nasdaq: PCLN), and Amazon.com (Nasdaq: AMZN).
Later today, Apple will be hosting its special iPad event.
Shares traded as low as $508.03 (-2.6%) moments ago, but are now down just -0.5% to $518.97.
Other market leaders saw similar mid-day action, including: Google (Nasdaq: GOOG), priceline.com (Nasdaq: PCLN), and Amazon.com (Nasdaq: AMZN).
Later today, Apple will be hosting its special iPad event.
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