AAPL stock fell 10% after Warren Buffett sell-off [U: Stabilized since]
AAPL stock fell 10% at market opening this morning, to less than $200. It followed weekend filings by Warren Buffett’s Berkshire Hathaway, disclosing that the conglomerate had reduced its holding by half. Update: In less than an hour, the slump was reduced by around half, seeing the stock around 5% down.
The reason for the sell-off isn’t clear, but commentators are urging calm, and suggesting that it doesn’t signal a loss of faith in the company’s future prospects …
