S&P 500
7,734.60
-0.02%
Dow Jones
53,777.00
-0.08%
Nasdaq 100
29,586.40
+0.08%
Russell 2000
3,029.22
+0.02%
FTSE 100
10,828.30
-0.05%
Nikkei 225
67,156.50
-0.04%

Technology

Apple hit new all-time high Wednesday, got whacked by Facebook overnight

Photo of Steven M. Peters
By Steven M. Peters Updated Published

Apple was red in premarket trading today after Facebook fell 20% in yesterday’s aftermarket.

 

From AAPLInvestors.net: Dates in green indicate closing price was an all-time high at that time.

all-time high

Click to enlarge. 

My take: Why Apple must fall if Facebook fails is a mystery to me.

[apple-subscribe]

Contact [email protected] for any questions or corrections.

Follow 24/7 Wall St. on Google
Photo of Steven M. Peters
About the Author Steven M. Peters →

Latest Podcast Episode

Should Ban Pass, These 4 Stocks Will Benefit

Play

55 min
Apple Podcasts Spotify

Continue Reading

Steven M. Peters |

NYT tars Apple, again, in Facebook’s leaky tar pit

For the second time in six months, a New York Times front-page investigative report lumps Apple with the rest.

Jon C. Ogg |

How Facebook Market Cap Now Higher Than GE, JPMorgan and Wal-Mart

Facebook already passed Wal-Mart Stores; that is old news. But now Facebook has passed General Electric, and it even recently…

What’s Up With Apple: Facebook-Sponsored Study Rips Apple, Google and More
Paul Ausick |

What’s Up With Apple: Facebook-Sponsored Study Rips Apple, Google and More

A Facebook-sponsored study of app use on both iPhones and Android-based phones found that Apple and Google dominate in their…

How Facebook and Apple Are Threatening Network TV
Paul Ausick |

How Facebook and Apple Are Threatening Network TV

The development of a Facebook app that would run on a set-top box like Apple TV could pose a major…

Steven M. Peters |

NYT: Apple’s privacy crackdown a ‘convenient distraction’

If you can't bring insight, bring on the snark. 

Steven M. Peters |

Zuck vs. Cook: Look which sites carried Facebook’s water

What interested me was Facebook's counter-offensive, staged through the press.

Steven M. Peters |

It wasn’t Apple that gave Ivanka Trump the Internet Freedom Award

Yet somehow Apple gets slimed with the same goo as the guys who did.

What’s Up With Apple: $14 Billion in New Debt, Update to iOS, Apple Car and More
Paul Ausick |

What’s Up With Apple: $14 Billion in New Debt, Update to iOS, Apple Car and More

Apple has filed to issue some $14 billion in new debt that the company expects to use a portion of…

Steven M. Peters |

Apple to Facebook: Your cookies are poison to us

When did the trade press become so protective of user data?

Top Gaining Stocks

KKR
KKR • Vol: 8,319,583
Axon Enterprise
AXON • Vol: 1,494,220
Apollo Global Management
APO • Vol: 5,785,745
Jabil
JBL • Vol: 1,443,292
Marathon Petroleum
MPC • Vol: 3,183,068

Top Losing Stocks

Coterra Energy
CTRA • Vol: 73,319,495
Ventas
VTR • Vol: 4,890,102
Datadog
DDOG • Vol: 4,419,836
Honeywell
HON • Vol: 5,436,294
Welltower
WELL • Vol: 3,315,064