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Apple shares have lost nearly a third of their value since their peak on February 12

Apple shares have lost nearly a third of their value since their peak on February 12

Last February 12, just a month and a half ago, we updated an article with a new historic peak registered by Apple’s shares. That day, the $ AAPL closed at $ 327.20 – bringing the company’s market value to $ 1.423 trillion.

In the days after that, there were some normal fluctuations, but it was from February 24 that they began to feel strongly the negative effects of the Coronavirus (COVID-19).

Today, March 23, the $ AAPL fell another 2.12% and closed the day at $ 224.37. With that, for the first time in a long time, Apple is now worth less than $ 1 trillion (more specifically, $ 981.7 billion) – basically back to where it was six months ago.

At this time, Microsoft is the most valuable company listed on the NASDAQ, with $ 1.034 trillion. Right behind Apple we have Amazon (US $ 947.2 billion), and quite distant is Alphabet / Google (US $ 724.2 billion).

The S&P 500 as a whole has basically lost everything it has gained since Donald Trump became president of the United States:

Obviously, for investors, it is still an opportune time to buy papers from all these giants. But it is impossible to say, for now, how long it will take for all of them to recover from that fall. It could be months, it could be years.