Apple Worth Less than 600$

Charlie Wolf of the firm Needham & Co just dimmed one of the few remaining bright outlooks on Apple (NASDAQ:AAPL) shares. Monday, he changed his price target from $710 to $595. His reasoning for the change in price target showed limited faith in many areas of Apple’s business, including the iPhone business. Apple may no…

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IPO raises itself on IPO

In a regulatory filing Monday, the social media company said its debut price is now set between $23 and $25 a share, up from $17 to $20 previously. The company intends to sell 70 million shares in its IPO. At its new price, the company would be valued between $12.8 billion to $13.9 billion.Read More…

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