Hit by Smartflash, Apple [AAPL] tanks, stock market meanders

February 25, 2015 10:14 PM

5 0

WASHINGTON, February 25, 2015 – Bulls hoped for another winning day on Wall Street Wednesday, hoping to build on the surprising intensity of Tuesday’s mostly late-day rally in the averages.

But a lack of much news made for mostly slow trading instead, with a nasty surprise tucked in not long after the stock market opened, as Apple (AAPL) got smacked in a Texas-based lawsuit after a federal jury found that Apple’s iTunes used, without permission, three patents held by a Texas company. A...

Read more

To category page

Loading...