Home RSS

Apple Stock Plunge Prompted by Jobs' Health Rumor?

Lori Preuitt NBC Bay Area 02/10/2011 18:22
Apple Stock Plunge Prompted by Jobs' Health Rumor? - USA - Business - Technology - Apple - Steve Jobs - Management


Which came first the chicken or the egg? That is part of the puzzle today concerning the Silicon Valley darling Apple. Here's the chicken: The stock lost $10 billion in four minutes Thursday. Here's the egg: There is a rumor the Steve Jobs is in the hospital again.



Did the stock's drop spark the rumor? Or did the rumor spark the drop in stock?

If the Jobs' rumor is true, it would be a surprise turn in events. Jobs was spotted on the Apple campus reportedly looking just fine in recent days.  He is out on medical leave right now for an undisclosed illness.

Jobs health rumors have been the stuff of legend in past years, but there hasn't been a hospital rumor for quite awhile.



Source