AAPL Hammered (Friday) For 8% Loss On Universal Buyout Rumors

Appl e's stock was hammered today for a loss of more than 8%. The company took a pounding from investors leery of a rumored buyout attempt of Universal Music from Vivendi. The story was set in motion by the LA Times, and has since been picked up by a large number of media outlets in the tech world and the mainstream alike. While investors are voting with their pocketbooks, analysts have been mixed on reaction to the story

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