[Reuters] Analysis: Apple's swoon exposes risk lurking in mutual funds

Posted by: UGN Security

[Reuters] Analysis: Apple's swoon exposes risk lurking in mutual funds - 12/21/12 01:41 PM

NEW YORK (Reuters) - The nearly 28 percent decline in shares of Apple Inc since mid-September isn't just painful to individual shareholders. It's also being felt by investors who chased hot mutual funds that loaded up on Apple as the stock raced to a record $705 per share.