Monday, June 9, 2014

Why is #Apple stock down so much? An image that would terrify the $aapl investor

Today Apple's (stock ticker aapl) seven for one stock split comes into effect. That means for every share that existed on friday, today there will be 7 shares. It also means that the pre-market statistics for aapl show a massive drop. I sure hope all the apple investors understand that they now have seven times as many shares at the new price...

from Andrew Brett

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