AAPL shares fell 5% Monday as investors took to Twitter to voice their opinions on which funds are the best-performing in the sector.
The funds outperformed AAPL, or the American Funds Association, in the past two months.
Investors also expressed concern about AAPL’s stock, and the company is facing a steep decline in the market.
“I’m glad we can invest in the best stock in the world, but we should be careful,” one Twitter user said.
The stock fell to a low of $20.70 on Monday, and shares dropped further as of Tuesday morning.
Shares of the tech company closed at $24.69 on Monday.
Analysts at Morningstar had AAPL as a outperformer for the first time this year, but it is now down 6.2% over the past 12 months.
The fund outperformed the funds AAPL and Fidelity, which were both outperformed by the same funds.
“We have seen some consolidation and this is good for AAPL,” Morningstar Chief Investment Officer Paul Shireman said.
“It should be expected that the fund industry will continue to face consolidation, so we expect the overall performance of the market to continue to improve over the next several years.”
AAMR has the AAPL logo on its homepage.
(AP Photo/Alex Brandon) AAPL has faced criticism from analysts and investors over the last few months over its performance, particularly its stock, which has lost almost 50% over a two-month period.
Investors are concerned about AAPI’s stock and have criticized the fund’s performance, calling the fund “the world’s most undervalued fund.”
AAPL is expected to report its fourth quarter results in March, and it is expected that it will report earnings growth of more than 6%.
The fund has raised a total of $2.9 billion from investors, and investors can invest up to $2,000.
