Apple Teaches Another Lesson in ETF Weighting
July 23, 2015 at 08:20 AM EDT
Shares of Apple (NasdaqGS: AAPL) are fell 4.3% Wednesday and at one point during the session, the iPhone maker was lighter by $60 billion in market value after the company “disappointed” Wall Street by saying fiscal third-quarter profit rose “slightly” to $10.7 billion from $7.74 billion on revenue...