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Apple Tumbles As Much As Six Percent In Unusual Trading


Ron Burgundy
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The Apple logo is lit on the first day of sale for the iPhone 6 and iPhone 6 Plus, in SydneyBy Chuck Mikolajczak NEW YORK (Reuters) - Apple Inc shares tumbled shortly after the start of trading on Monday, briefly suffering their largest price drop in at least three months on an unusual spike in volume. Selling accelerated just before 9:51 a.m. EST (1451 GMT), with more than 6.7 million shares trading in a one-minute stretch, the heaviest minute of trading in Apple since Oct. 29, according to Thomson Reuters data. The stock lost over 3 percent in that minute, falling as much as 6.4 percent to $111.27. At midafternoon, it was down 3 percent to $115.45. ...




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