Mar 23 2012

Apple Flash Crash: Trades halted after odd trade causes 9 percent drop. For a second Apple lost $50 billion in market cap.

Apple stock took a very big drop today, actually dropping by 9 percent while circuit breakers were activated to halt trading.  The hit took place early in the morning.  It must have come as a shock to many traders especially given the near unstoppable rise in the value of Apple’s stock.  The sale and plunge […]