Apple Sheds $200 Billion As Shares Tumble 4.9% in One Day
Apple shares plunged 4.91% on February 12, wiping out about $200 billion in market capitalization in a single trading session. The stock underperformed peers as Microsoft edged up 0.27% and Nvidia dipped 0.51%, reflecting tech sector weakness.
1. Sharp Market Cap Erosion
On February 12, Apple’s share price slid 4.91%, erasing roughly $200 billion in equity value, marking one of the largest single-day market cap losses in the company’s history.
2. Peer Comparison
During the same session, Microsoft gained 0.27% while Nvidia fell 0.51%, underscoring Apple’s relative underperformance among major technology leaders.
3. Sector Sell-off Dynamics
The pullback coincided with a broader technology sector sell-off driven by investor concerns over potential interest-rate increases and cooling consumer spending, placing pressure on large-cap stocks.