Last update: 2:19 p.m. PT -- added Apple's closing price.
Apple shares are down nearly 10 percent since hitting an all-time high of $705 last month, prompting a flurry of explanations, including one conspiracy theory, for the stock retreat ahead of a brand-new product.
The recent slide, which started in the middle of September, is counterintuitive to the usual principle of buying on the rumor. Apple is widely expected to unveil its smaller, lower-cost iPad Mini next week, with invitations for the event believed to be coming over the next few days.
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