Apple Stock Trading Halted Briefly on Sudden 9% Drop
BusinessInsider reports some strange activity on Apple's stock today. Trading was halted due to an abrupt drop of over 9%.
The stock crashed 9% to $542.80 before trading was stopped. When the stock started trading again, it opened at $598.39
Trading has since resumed, but there has been no clarification on what happened. StreetInsider speculates that it was "an apparent errant trade".
With news of the dividend and record iPad sales, Apple's stock has been at all time highs in the past week.
Update: Bloomberg pinpoints the issue to a single trade for 100 shares executed by Bats Global Markets Inc.
A single trade for 100 shares executed on a Bats venue briefly sent Apple, the world’s most valuable company, down to $542.80, triggering a circuit breaker that paused the shares. The order was executed at 10:57 a.m. New York time. Two more transactions, which sent the stock back above $598, were made before the halt. The stock stayed around that level once trading resumed.
Popular Stories
During WWDC 2025, Apple revealed that macOS 26 Tahoe would be the final major macOS version for Intel-based Macs.
macOS 27 will be compatible with Apple silicon Macs only, meaning that you will need a Mac with an M-series chip or a MacBook Neo with an A18 Pro chip in order to install the software update. Apple will unveil macOS 27 during its WWDC 2026 keynote this Monday, June 8, and the...
On an earnings call in late April, Apple's CEO Tim Cook said that customer response to the MacBook Neo was "off the charts," and the popularity of the laptop has reportedly led the company to significantly boost production.
Apple supply chain analyst Ming-Chi Kuo this week said he believes that MacBook Neo shipments to Apple were doubled from an initial target of 5 million units to 10...
Update: Since publication, new information has come to light suggesting the images have been AI-manipulated and are not in fact iPhone 18 Pro chassis parts. The original article follows.
The color options Apple is reportedly planning for the upcoming iPhone 18 Pro and iPhone 18 Pro Max have appeared online today in the form of images of chassis parts of unknown authenticity....
