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Rotten Apple: When One Company Becomes Synonymous With The Macro Story

Sorry to employ a bad (and horribly obvious) cliché, but...

Sorry to employ a bad (and horribly obvious) cliché, but...
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16 comments on “Rotten Apple: When One Company Becomes Synonymous With The Macro Story

  1. Very sad on this one. I am a shareholder. The drop doesn’t bother me as a long term holder, even though it might eventually affect even the very long term returns.

    What great products they produce.

    “This is why it’s so disconcerting that the shares are on pace for their worst month in a decade, having fallen some 25% from the peak.”

    Very disconcerting. I knew once the stock started to crack, and then slice through the technical support levels like butter, that the correlations would tighten up with the market. There was barely any support as it fell. You could almost tell that it was going to be bad. And it was one report after another after another. Almost like the slaying of a great strong titan…… Its simply too big of a company to not have a global effect on markets.

    Thanks for the article…..

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