Apple Goes Out Near the Highs While Bank of America Closes Near the Lows
August 25, 2011
What an interesting day in the Stock Market. Steve Jobs stepped down last night as CEO of Apple. Warren Buffett bailed out called up Brian Moynihan and told him he would invest $5 Billion into Bank of America. One might think right off the bat that $AAPL stock would get hurt while $BAC explodes higher.....
Well not so much. Look at the intraday charts - $BAC went out near the lows of the day after the initial gap higher and $AAPL near the highs of the day after gapping lower.
Sources:
Apple Inc. Stock Summary (YahooFinance)
Bank of America Stock Summary (YahooFinance)