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Steve Jobs’s return to Apple, investors and market trading

Steve Jobs’s return to Apple, investors and market trading

By: Peter Chubb | June 30, 2009 | Leave a Comment

The return of Steve Jobs should have had a huge effect on Apple stocks, but it seems that investors had different ideas. When Jobs left on medical leave on January 14, Apple’s stock has risen 67 percent, when he returned yesterday, its stock fell 47 cents to $141.97.

Ryan Jacob, head of the Jacob Internet Fund in Los Angeles, has been explaining to Bloomberg that market trading from Apple has been very healthy, as investors seemed comfortable with the management team and the fact that they were able to run the company from the moment Jobs went on leave.

While on medical leave, jobs had received a liver transplant, this is proof that he is recovering well. Steve Jobs duties will be light at first, only coming to the office a few days a week; he will then work from home for the rest of the week.

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