Shortly before the stock markets closed this evening, news broke that Steve Jobs would be stepping down as CEO of Apple. This news definitely came as a shock to many in the Apple community, and that shock seems to have also affected Apple stock price in after-hours trading.
While the company should remain strong under the leadership of Tim Cook, after hours trading is clearly showing investor uncertainty.
Apple's stock opened with a strong $373.47, and had a day low of $370.60. The day progressed well, with the stock price hitting a day high of $378.96. The markets closed today with a price of $376.18 -- a change of 2.58 (0.69%). [1]
A daily graph of the AAPL stock for today.
While the Apple stock price fared well before closing, after-hours trading has been a different story. The after-hours price has fallen 4.87% or -$18.32 so far, with an after-hours low of $350. [2]
Will the stock continue to drop tomorrow when the market reopens? Probably, Steve has been so intertwined with Apple to investors that this was probably expected. We'll see how this shakes out over the coming weeks.
You can find more investor information at the cited websites below:
[1] Apple Stock Info | Apple Investor Website
[2] NASDAQ: Apple Inc. (AAPL) After Hours Trading
Follow this article's author, Cory Bohon on Twitter.
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