Apple rebounds after 5-day stock slide
New York (CNN Business)Apple’s five-day losing streak, which wiped about more than 10% of the company’s market value, appears to be coming to an end.
Shares of Apple (AAPL) were up more than 2% in late afternoon trading Thursday.
The stock took a tumble this month because of growing concern about a slowdown in demand for its latest iPhones. It’s fallen 20% from its all-time high.
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