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Tuesday March 9, 2010

Apple Stock Breaks $100 Level, This Time Without Rumors

Posted by: Arik Hesseldahl on October 03, 2008

After recovering to a price as high as $106 a share following the crazy Steve Jobs Heart Attack rumor from this morning, Apple stock has taken a another turn southward on no specific news. As of 2:55 PM EDT it’s trading at $98.09 on no specific news other than the passage of the bailout package in the House of Representatives. We may yet see a sub-100 close today.

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Reader Comments

Human

October 3, 2008 08:48 PM

Oh of course not. His rumor of the 'heart attack' by some idiot on a CNN website - that surely had no 'lasting' effect on the price. Combine this with the 'Steve didn't have a heart attack' comment from Apple - no problem there. Wake up and smell the coffee Arik: Someone's selling short and you should maybe place a call to someone at CNN!

Dave

October 4, 2008 05:54 PM

You are a myopic moron. Apparently some "traders" believed the false health rumor.

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A blog on the daily doings of Apple and the many companies in its orbit, with insight and analysis by two longtime Apple-watchers BusinessWeek Senior Writer Peter Burrows and BusinessWeek.com Senior Technology Writer Arik Hesseldahl.

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