Apple (AAPL) Stock Dives 6% on Steve Jobs Standing Down News
From the archive: published Jan 14, 2009, 17 years ago. Details may have changed since.
Apple (AAPL) stock has dived over 6% in after hours trading following the announcement that CEO Steve Jobs was stepping down as CEO until the end of June.
AAPL shares were down 2.71% in regular trading to $85.33 as news leaked of a trading halt prior to the announcement.
At 5:55pm EST, Apple shares were trading at $79.94 or 6.32% down, just above the 52 week low of $79.14 in heavy trading.
See our earlier post: Steve Jobs stepping down for a copy of the memo.