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Two Rules | Rule #1 Do Not Lose Your Principal | Rule #2 See Rule #1

Apple’s stock was set to open more than 2 percent lower on Wednesday, a day after tumbling 2.51 percent. Shares of the tech giant briefly fell below $100 a share in the premarket. On Tuesday, Apple’s stock tumbled on the heels of a report saying the tech giant may significantly slash its iPhone 6S and 6S Plus output. Japanese news outlet Nikkei reported the tech giant is expected to reduce the output on its flagship device by about 30 percent between January and March.

Source: Apple extends losses; briefly falls below $100 in premarket