Apple stock, other techs fall as coronavirus spreads beyond China

In Monday trading, Apple and other tech stocks swooned amid reports that the COVID-19 coronavirus outbreak threatens to turn into a pandemic. Apple stock fell as low as $289.23, but rebounded a bit to close at $298.18 is what some investors saw as a buying opportunity.
Patrick Seitz for Investor’s Business Daily:Wedbush Securities analyst Daniel Ives… [today] reiterated his outperform rating on Apple stock with a 12-month price target of $400.
[AAPL] dropped below its 50-day moving