Apple just lost a Facebook: Market value decline since peak exceeds value of nearly any US company
In only three months, Apple has lost $446 billion in market capitalization — and counting, as the tech giant's stock sinks further on Thursday. Apple shares have fallen by more than 38 percent since Oct. 3, when the stock hit a 52-week high of $233.47 a share. With its market cap down to about $682 billion, those losses are larger than individual value of 496 members of the S&P 500 — including Facebook and J.P. Morgan.
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