Apple Announces Earnings, Stock Falls Under 140.
Submitted by Ryan Spoon on January 22, 2008 – 1:56 pm14 Comments
It’s been a very tough time for the stock market and the tech companies have suffered. eBay, Cisco and others are trading at 52 week lows. Google has fallen from a November price of ~750 to ~580. And now Apple (the current glam company) has fallen from Wall Street’s grace. After announcing today, shares of Apple plunged more than 11% in after-hours trading to $137.65 — at the turn of the new year, AAPL was sitting at 200:
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