Apple shares suddenly tumble in heavy volume

The Apple logo on display at the Sydney Apple Store is illuminated in red to mark World AIDS Day, in Sydney on Monday. Apple stores across the world will display similar colored logos, with the Sydney store being the first. World AIDS Day is observed
The Apple logo on display at the Sydney Apple Store is illuminated in red to mark World AIDS Day, in Sydney on Monday. Apple stores across the world will display similar colored logos, with the Sydney store being the first. World AIDS Day is observed annually on Dec 1, which helps to raise awareness about AIDS and the spread of HIV. -- PHOTO: REUTERS
Updated
Dec 02, 2014, 12:18 AM
Published
Dec 02, 2014, 12:02 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 10:51 PM Singapore time, the largest one-minute volume since Oct. 29. The stock lost over 3 per cent in that minute, falling as much as 6.4 per cent on the day to US$111.27 (S$145.16) and was last down 2.9 per cent.

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