Friday, January 4, 2019

Apple Lost $452B in Market Capitalization in 90 Days

Yikes! When your losses are larger than individual value of 496 members of the S&P 500...including the entire value of Facebook.

Apple shares have fallen by 39.1 percent since Oct. 3, when the stock hit a 52-week high of $233.47 a share. With its market cap down to about $674 billion, those losses are larger than individual value of 496 members of the S&P 500 — including Facebook and J.P. Morgan.