Investigation Takes Bite out of Apple Stock: Chart of the Day

Apple shares are up more than 25 percent so far this year, but the bad news is rolling in lately. The roll-out of the new iPhone, which is anticipated to shatter Apple sales records, was over-shadowed by "Bendgate," where consumer tests and blogs found the thinner phones couldn't stand up as well to being knocked around. This morning, the stock is down by more than one percent, after an European Commission investigation reportedly found Tim Cook's company benefited for years from improper tax breaks in Ireland. Expect investors, as well as bankers and lawyers, to watch the investigation for inversion M&A implications.