- Inc. Technology - http://technology.inc.com -

Stocks Fall After Jobs Announces Leave

Posted By John Brandon On March 15, 2011 @ 3:17 pm In Hardware | No Comments

After Apple CEO Steve Jobs announced his leave of absence due to medical issues this week, and the Wall Street Journal announced that Apple stock fell sharply. From the report:

“Apple Inc. (AAPL) shares fell as much as 6.5% Tuesday, erasing up to $20 billion in market value, after the consumer electronics maker disclosed that Chief Executive and company visionary Steve Jobs would take another unexpected medical leave.”

Apple Shares Fall As Jobs Takes Medical Leave [1] [WSJ]

 


Article printed from Inc. Technology: http://technology.inc.com

URL to article: http://technology.inc.com/2011/03/15/stocks-fall-after-jobs-announces-leave/

URLs in this post:

[1] Apple Shares Fall As Jobs Takes Medical Leave: http://online.wsj.com/article/BT-CO-20110118-710278.html

Copyright © 2011 Inc Technology. All rights reserved.