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April 17, 2012 04:40 pm GMT

Its Just A Flesh Wound: Apple Stocks Down For Fifth Consecutive Day

fleshwoundApple stock fell 4.1% on Monday, continuing a five day skid and a trend that has drained $50 billion in market capital from the company and dropped share price from a high of $643 on April 10 to its current price of $580.Apple has been flying high lately, weathering dual storms of Jobs-Cook succession and, most recently, Mike Daisey's Foxconn fabrications. The stock is up in early trading and many analysts are holding firm to an expected 700 target, calling this a "softening" and not a correction.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/AePBFbv60ok/

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