What's crushing Apple's stock?

It could be gold prices... or that persistent, little-known Nashville trader with a not-so-good outlook on the company

Bad perceptions about Apple's future seem to be eating away at its core.
(Image credit: Feng Li/Getty Images)

And the roller coaster ride continues. After several weeks of gains, Apple's stock price tanked again this week, sliding to $427 from a recent high of $460.

Chutes and ladders has been the theme for the tech giant: Shares fell to a low of $385 in April, down 45 percent from its record high of $705 in September. Then prices rebounded more than 20 percent in May, after CEO Tim Cook announced $9.5 billion in Q1 profits, along with a $60 billion stock buyback program.

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Carmel Lobello is the business editor at TheWeek.com. Previously, she was an editor at DeathandTaxesMag.com.