Apple stock creeps below $90

Apple's stock shares fell below $90 — the lowest they've been since 2014 — on May 12, according to Reuters.

The stock dipped to $89.47 per share, at which point it lost its position as the world's largest company by capitalization to Alphabet, Google's parent company. Apple's stock recovered to $90.13, though the report did not cite as of when.

Apple's market capitalization has decreased by more than $200 billion over the past year, according to Reuters. Its current market value is $494 billion.

In late April, Apple reported its first revenue decrease for the first time in 13 years.

More articles on health IT:
No news is good news: 6 weeks of electronic prescribing in New York
House of Representatives targeted in ransomware attempts
IT jobs offer top perks, benefits, Glassdoor study finds

© Copyright ASC COMMUNICATIONS 2019. Interested in LINKING to or REPRINTING this content? View our policies by clicking here.

 

Top 40 Articles from the Past 6 Months