Apple's market capitalization has fallen by $ 4 billion due to a false blog statement
On Wednesday, the well-known blog Engadget published “reliable” information (the blog authors thought so) that the release of the iPhone and Mac OS Leopard would be delayed by several months. However, this news was very quickly disproved by the Cupertino company itself - as was said earlier, the iPhone and Mac OS Leopard will be released in June and October, respectively.
But, despite Apple's quick response, the false statement quickly spread among the already indignant investors. Immediately after writing the topic, or to be more precise, in just 6 minutes (11:56 - 12:02), Apple ( AAPL ) shares fell 2.7% from $ 107.89 to $ 103.42. Such a sharp drop cost Apple more than $ 4 billion in market capitalization.
Not paying attention to the continuous and strong growth rate of Apple shares, unconfirmed hearing was enough for shareholders to get rid of AAPL shares, which caused a sharp drop in their value.
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However, some time after the denial of the hearing, the shareholders, who realized their mistake (or people who decided to purchase the shares at an artificially low price), quickly bought up the shares, raising their price almost to the original level. By the time the stock exchange closed, Apple’s stock value had increased to $ 107.34 (at the time of the stock exchange opening, it was $ 108.48).
This example well illustrates all the power and cunning of the media, as well as the speed with which information is disseminated. Fear us! :-)
via DailyTech .
But, despite Apple's quick response, the false statement quickly spread among the already indignant investors. Immediately after writing the topic, or to be more precise, in just 6 minutes (11:56 - 12:02), Apple ( AAPL ) shares fell 2.7% from $ 107.89 to $ 103.42. Such a sharp drop cost Apple more than $ 4 billion in market capitalization.Not paying attention to the continuous and strong growth rate of Apple shares, unconfirmed hearing was enough for shareholders to get rid of AAPL shares, which caused a sharp drop in their value.
')
However, some time after the denial of the hearing, the shareholders, who realized their mistake (or people who decided to purchase the shares at an artificially low price), quickly bought up the shares, raising their price almost to the original level. By the time the stock exchange closed, Apple’s stock value had increased to $ 107.34 (at the time of the stock exchange opening, it was $ 108.48).
This example well illustrates all the power and cunning of the media, as well as the speed with which information is disseminated. Fear us! :-)
via DailyTech .
Source: https://habr.com/ru/post/8549/
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