When it comes to long, strange trips, trust the signature line from the pen of the late, great Jerry Garcia to explain the volatility in Apple's stock price these last few months.
Shares of Apple touched $674.88 earlier this morning (the company became the most valuable ever yesterday, when it reached more than $622 billion in market capitalization). But they reversed course and by early afternoon the stock was way down. How to explain the about-face? Take your pick: Profit taking most likely, though with the jury about to deliberate the Apple-Samsung patent litigation lawsuit some investors might … Read more