Apple Shares Officially In Bear Market Territory

By Wallace WitkowskiMarketWatch Pulse

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.

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