Monday December 17, 2012

Apple Loses Its Shine

What goes up, must come down.

Monday saw Apple shares dip into the $400-range for the first time since February during the pre-market session, and there’s no end in sight for the consumer electronics giant’s current slide. What brought on this most recent wave of soured views? From the look of things, two big cuts from Citi and Canaccord have sent investors headed for the hills.

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