Apple One Of A Few Stocks In Positive Territory (AAPL)

Shares of Apple AAPL are among a few stocks that are trading in positive territory on Tuesday. The shares have gained 0.24% and are trading at $331.59. Apple has been under some pressure over the last month, falling almost 6%. The weakness in AAPL may be foreshadowing weakness in the broader market. Given that AAPL has a market cap in excess of $300 billion, the stock is a large component of many heavily traded ETFs. Therefore, some of the declines in AAPL may be attributable to heavy ETF selling, as opposed to investors having an outright negative view of Apple.