Don't Catch Falling Knives: Apple Breaks $400

Apple AAPL -5.19% was among the stocks taking a beating in Wednesday’s market rout, which pushed the iPhone-maker’s shares to a fresh 52-week low and below $400 for the first time since December 2011. But does the 5.3% drop mean the company is finding a floor before next week’s earnings and poised to run higher?

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