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by Apple's stock has plunged over 10% in after hours trading since Apple announced record and expectation beating 3rd Quarter results, currently sitting at just under $150 after closing at $166.49.
Apple's stock price is notoriously volatile after quarterly conference calls due in part to Apple's habit of understating estimates for future quarters which they routinely beat. In addition to a low forecast, Apple's gross margin was lower than the year ago's quarter.
Apple Stock Plunges 10% After Earnings Released
http://www.macrumors.com/2008/07/21/apple-stock-plunges-10-after-earnings-released/
"Loose lips sink ships."
apple's stock seems like a roller coaster, it goes way down one day and it goes way up another day
that's right. it seems that it's done that for years though
"Loose lips sink ships."
yeah i know, remember when it was down to $50, now it's up to 166
right, but it was over $200 at one point
"Loose lips sink ships."
yeah, it was, that was only like a few months ago
yeah i know
"Loose lips sink ships."
bad
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