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The Boston Globe

Business

Apple stock has dropped 5 percent in three days

The world’s most valuable company paced a decline in technology companies as it fell below $600 billion in market value. The stock has dropped 5 percent in three days but risen 58 percent this year. Some market leaders like Apple have slipped in recent days amid profit-taking, noted Bob Pavlik at Banyan Partners. Apple closed above $700 Sept. 18 but has been declining since then.