Investors gamble on Apple in volatile trading
Since Apple Inc on Feb 29 became only the sixth company in US history to top $500bn (€400bn) in market capitalisation, trading has become more volatile, indicating that investors are tracking headlines and looking for quick gains.
Apple has gained 32% since the beginning of the year, outstripping its 2011 gains. It accounts for more than 4% of the weight of the S&P 500 index, the kind of standing that has caused its moves to dictate market direction on a daily basis.
