Originally posted on Fortune Tech: Technology blogs, news and analysis from Fortune Magazine:
Why would a stock like Apple fall 10% just before quarterly earnings are due?
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I think it may be time once again to dust off Jason Schwarz’ classic blog post: Apple: Seven Reasons Shorts Love It.
Apple’s (AAPL) shares, in case you missed it, took a drubbing last week, falling $38.77 (6%) in four days — from Tuesday’s all-time intraday high of $644 to Friday’s close at $605.23.
[They fell another 3% in early trading Monday and closed at $580.13, down $25.10 (4.15%) for the day and 9.9% from last week's high.]
To be sure, there was a bit of negative news that could have triggered some selling. The Justice Department’s antitrust division sued Apple and five publishers last Tuesday for alleged collusion in the…
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