Apple’s Stock Drops on Rumors of Steve Jobs Exit
Posted On March 22, 2011
Apple’s Stock Drops on Rumors of Steve Jobs Exit
At 10:02 a.m., the day-trader advice site Benzinga noted that Apple’s stock was down amid “Chatter/Rumors About Steve Jobs’ Health.” Twenty minutes later Business Insider’s Jay Yarow observed that the company’s stock was down 1 percent and that he’d been hearing rumors from traders that “Steve Jobs could step down as CEO” via Instant Message. While the rumors are unsubstantiated at this point …
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