Apple Stock Down 5%
Apple’s stock opened for trading at $327.05 per share this morning, down over 5% from its close on Friday, with the dip obviously related to Steve Jobs‘ announcement that he’ll be taking a brand new healthcare depart of absence from the company. The stock continues to be rebounding from the handful of minutes the market has been open for trading, however, and presently sits at about $336 per share, or down 3.5%.
Apple seems to have strategically launched the information of Jobs’ depart yesterday morning on Martin Luther King, Jr. Day, a U.S. holiday once the stock markets will be closed and would give investors per day to soak up the information before producing moves with their holdings of your company’s stock. Apple’s stock was becoming traded to the Frankfurt Stock Exchange yesterday, closing down about 6.6% and providing observers an expectation of what would happen this morning.
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