Nasdaq ETF Follows Apple Lower; Stock Retreats from $400
July 28, 2011 at 08:40 AM EDT
PowerShares QQQ (NasdaqGM: QQQ) was set for a slightly lower open Thursday following the previous session’s wipeout as top holding Apple (NasdaqGS: AAPL) lost nearly 3% following a brief foray above $400 a share. Apple shares have been on a tear and recent blowout earnings further stoked...
