Apple Inc.’s stock is shedding 1.3% in afternoon trade, putting it on track to suffer a five-session losing streak for the second time this month. While the length of the stock’s latest losing streak isn’t rare, the 7% it has lost during the streak is the biggest percentage decline over a five-day period since it slid 8.9% in the five-session stretch ending Feb. 3, 2014. The 2014 closing low of $71.40 was hit during that stretch. Separately, the last time Apple’s stock suffered two five-day losing streaks within a month was earlier this year, when it lost 6.5% during the streak ending Dec. 16 and 6.8% during the streak ending Jan. 5.
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From:: Stock Market News