Apple Steve Jobs Heart Attack: rumor, stock price and investigation

SEC (The U.S. Securities and Exchange Commission) has now launched their own investigation in to the heart attack rumor of Apple CEO Steve Jobs. This false report had a profound affect on Apple’s share prices, as they fell dramatically. The government agency is doing all it can to determine if the post on CNN’s iReport Web site was an intentional act.

There are a number of people who believe that the rumor was started to drive down the stock price of Apple. If this is true, then the person, who did start the rumor, had better get themselves a good lawyer.

When the false report of Steve Jobs having a heart attack broke, Apple’s shares dropped from US$106.50 down to $94.65 almost immediately. Concerns of the health of Jobs have still continued to plague investors as well as analysts.

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