After Banks Downgrade Aapl Stock Teeters On 500
Shortly after falling to $497 in pre-market trade this morning, Apple’s stock price has teetered on $500 for the first time since February during regular trading hours. Apple’s stock was on a tear during the summer and into the fall, maxing out over $700 in September just before the launch of the highly anticipated iPhone 5. However, after three quarters of impressive growth, and a huge holiday quarter currently going on, many analysts have downgraded their Apple targets as the stock has subsequently fallen in recent weeks....