CapitalHubs

The correlation between Apple product launch and stock price

Long
BATS:AAPL   Apple Inc
5
The highly anticipated iPhone 5 release has pumped Apple price to new records as investors jump in the strongly desired stock. It is interesting how does the Apple shares behave around important product release dates. Here some findings:

There are some common price patterns repeated almost around every product release date:
- The price peaks few days before release date and falls one to three months afterwards
- The correction after the release date is between 9 and 16%
- The correction is usually zig-zag shaped

More detailed analysis at CapitalHubs.com

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