Will Apple stock fall below $400?
If you would have asked any stock analyst in the world back in September when Apple shares were sitting at $705 if shares had a chance of falling below $400 within six months, they would have admonished you for being a moron. It wasn’t going to happen. It couldn’t. Now that we’re five months out from the peak of Apple’s value, it seems that $400 isn’t such an impossible number after all. The stock closed yesterday at $430.47, down $10.93 from the day before to reach its lowest point since the slide started last September. It seems that Apple may have fallen victim to their own hype machine in many ways….