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Startups & Tech

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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

Published Wed, Aug 5, 2015 · 09:50 PM
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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.

KEYWORDS IN THIS ARTICLE

Tim Cook
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