on Friday in this space, Apple's stock tanked 6% from Wednesday's opening bell to Thursday's close. It marked the biggest back-to-back slide in 10 months.asking government employees to stop using iPhones.
But interestingly, while Apple's stock has come under selling pressure — the broader tech-heavy Nasdaq Composite has not. Over the last five trading sessions, the Nasdaq is only down 1.9% compared to Apple's nearly 6% slide. That has investors tepid to dump tech names, which normally don't act well when rates are on the rise.
Source: Loan Digest (loandigest.net)
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