Updated from 1:02 P.M. EST to reflect closing price in the first paragraph.NEW YORK ( TheStreet) -- Apple (AAPL - Get Report) shares fell below $400 for the first time since December 2011, but closed above that level on the back of weaker-than-expected-results from one of its suppliers, Cirrus Logic (CRUS - Get Report). Apple shares reached levels not seen since January 2012.
Apple Closes Above $400, Falls Sharply on Growth Concerns (Update 3)
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.