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Apple Shares Slide on CEO’s Comments
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FBN’s Nicole Petallides breaks down the day in the markets.
- Duration 0:59
- Date Feb 12, 2013
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FBN’s Nicole Petallides breaks down the day in the markets.
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And let's get to Nicole right now because she's at -- I see the Dow inching ever closer to that record high we should mention began 14100164.
But one large cap name not participating.
That's right -- we took out our intra day highs that we did have that -- linking number on our screens today Coca-Cola was the loser today down almost 3%.
Not good news for Europe for them and their revenue came -- a little lightly as did.
All right apple it that the stock was getting a little popped up by the suggestion.
By David Einhorn that they go out do something -- 150 billion dollars -- cash you have well.
Guess what Tim good that he poured cold water on that suggests -- calling David Einhorn a silly -- show and -- stock didn't like that.
Right and you know -- -- the whole thing was somewhat bizarre.
-- out but he -- -- that the idea preferred shares and dividends was created one Tim Cook don't -- -- -- dog fight the tape that's clearly what he's trying to do.
Yeah.