Published August 21, 2015 3:02pm EDT | Updated August 21, 2015 5:05pm EDT

Apple Shares Officially In Bear Market Territory

Apple Inc. shares on Friday dipped into bear market territory. Apple shares fell 5.3% to $107.37 in recent trading, after hitting an intraday low of $107.04. That intraday low, compared with the stock's 52-week high of $134.54 set on April 28, represents a 20.4% decline, where 20% is the recognized threshold for a bearish signal.