Apple shares drop below $400
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Apple shares continue their downward spiral, and for the second time in just three months AAPL shares dropped below $400 during the early hours of trading on Monday. This might be a result of the DOW and NASDAQ both starting the day with big losses as they dropped 220 points and 53 points.
If you invested in AAPL shares in fall of 2012 then right about now you are probably pulling your hair out since back then the buying price was at its all-time-high of over $700.
Recently Tim Cook had his stock compensation updated so that it is linked to the actual performance of Apple, in other words if the Apple shares continue to fall while Cook is at the helm of the company then he could lose millions. Currently Cooks options are work somewhere around $413 Million.
