As consumers and journalists begin to wonder if the iPhone 4 is a lemon due to the ongoing antenna issues with the phone, Apple’s stock has taken a hit this morning. The stock started trading this morning at $255.84 and dropped by nearly ten points to $246.55 in mid-morning trading, losing as much as $9 billion in market cap. Shares seem to be recovering now at $249 per share.
Full story: In The Wake Of ‘Antennagate’, Apple’s Stock Takes A Hit