- Apple (AAPL -1.8%) shares were stable throughout the day, though took a sharp downward turn within the last hour on a supposed iPhone 7-related report out of market research firm GfK.
- Update (3:35PM ET): GfK has confirmed existence of a report, though won't publicly disclose any of its data. From 1:30PM ET to 2:00PM ET, Apple shares dropped 2.3%. While third-party research can't offer concrete indicators of a company's performance, such reports can and do impact share price, and in this case, the report out of GfK appears clearly attributable to the sell-off.