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Apple shares caught in 'momentum meltdown'

They have fallen below their 200-day moving average, wiping out nearly US$100b of Apple's market value

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Published Wed, Aug 5, 2015 · 09:50 PM

    New York

    HAS the "curse of the Dow" finally caught up with Apple?

    Shares of the iPhone maker have been in a rut since posting disappointing quarterly results in late June, falling to a six-month low of US$113.25 on Tuesday.

    AppleTim CookBoeing

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