[Reuters] Big hedge funds fueled Apple's fourth-quarter share plunge

Posted by: UGN Security

[Reuters] Big hedge funds fueled Apple's fourth-quarter share plunge - 02/14/13 11:31 AM

BOSTON (Reuters) - Some of the biggest hedge funds that helped make Apple Inc a stock market darling lost faith and dumped their stakes in the fourth quarter, fueling the massive drop in the iPhone maker's share price.