Apple Stock Drops to New 57-Week Low

Apple Stock Drops to New 57-Week Low

Apple’s massive stock plummet continued today, with shares falling nearly 2.5% over the course of the day, at one point touching a new 57-week low of $429.98 (that’s the lowest point for the stock since January of 2012!). Apple’s stock has now fallen nearly 40% from its high of just over $700 last September.

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It’s unclear how much longer the stock will continue to slide – but shares seem significantly undervalued at this point. Personally, I’m looking at this as a great chance to snap up some Apple shares while they’re cheap. It’s hard to imagine the stock going anywhere but up at this point as a general trend…