Trading in shares of Apple's stock are set to resume at 5:00 PM EST, following a halt in the trading after Steve Jobs announced he was taking a medical leave of absence from the company until the end of June this year.
Shares resumed trading in negative territory, and as of this writing are trading at US$ 79.25, down $6.08 (-7.13%).
*In the interest of full disclosure, the author holds a small share in AAPL stock that was not an influence in the creation of this article.
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Steve Jobs Steps Down on Medical Leave Until June, Share Trading Halted [Update]
In a stunning move, Apple CEO Steve Jobs announced late on Wednesday that he was stepping down as CEO on…
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“If there was an announcement tomorrow that Jobs is being replaced by God, the stock price would still go down.”
—Marshall Goldsmith (an executive coach who teaches at Dartmouth University.)
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