Growth in Apple's stock has been slightly weaker for the past month in the run-up to weaker-than-expected earnings for the third quarter, but new reports of a September launch for the next iPhone as well as a smaller, cheaper iPad Mini have been pushing the price higher.
All shareholders of record as of Monday's close also received a cash dividend of $2.65 per-share today, the first dividend payment to Apple shareholders since December 1995.
Facebook stock hits new low after
freeing new shares
Facebook shares dipped to a new low Thursday as the company unlocked 271 million shares for trading.
The stock dipped below the $20 mark for the first time Thursday. By mid-day, shares were hovering just below that mark — a drop of nearly 6 percent from the day’s open and nearly 50 percent from its initial offering price of $38.
The company has had a rough time since going public and has never recovered from its glitch-plagued opening day.