There was no algorithm that had triggered automatic sales behind Apple's heavy plunge (-3,5%) yesterday. The Apple stock also opened badly today and in the first few moments it lost 0,5% against a recovery of 0,3% by the Nasdaq, where it is listed.
In reality, today as yesterday it is the succession of negative reports that weigh on Apple's performance on the Stock Exchange. A severe report by Morgan Stanley which believes that Apple has reached the maximum and that it can only file its prices, is causing the share to lose share. We will see in the next few hours and especially in the next few days if Apple will be able to recover or if Morgan Stanley is really right.
