Apple shares suddenly tumble in heavy volume

Reuters News
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Posted: Dec 01, 2014 10:32 AM

NEW YORK (Reuters) - Apple shares fell suddenly in early trading on Monday, with a one-minute spike in volume accompanied by the largest price drop in at least three months.

Apple volume spiked to 6.7 million shares at 9:51 a.m. EST (1451 GMT), the largest one-minute volume since Oct. 29. The stock lost over 3 percent in that minute, falling as much as 6.4 percent on the day to $111.27 and was last down 2.9 percent.

(Reporting by Rodrigo Campos, additional reporting by Ryan Vlastelica)