just announced and one day before 1st qtr earnings tomorrow, aapl's ceo steve jobs taking a leave due to health issues.
back in 2008, rumors of a heart attack send aapl shares plummeting over 10%. then jobs took a 6 months leave as tim cook took over day to day duties.
aapl shares trading in germany this morning took a similar hit as markets are close in the us in observance of martin l. king day.
update at 355pm est
aapl trading in german exchanges closed at 240.02 euros, down 7.76% from friday's frankfurt close
aapl is the 2nd largest weighting in the s&p500 at 2.71% and the largest by far in the nasdaq 100 at 20.69%
3 aapl analyst maintained their ratings and price targets for aapl today including gene munster from piper jaffrey.
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