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Apple stock fell after announcing a new version of iOS and the 'HomePod' at its big conference (AAPL)

Apple's stock was sliding before the developer conference, and kept sliding after the big announcements.

Apple stock price dropped as investors digested all the announcements from WWDC 2017.

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The Cupertino-based company announced a litany of new hardware and software products. A new iPhone operating system was one of the biggest announcements, but a new pro-focused iMac and a smart speaker dubbed the "HomePod" also drew lots of attention.

Apple's shares ended the day lower by 0.98% at $153.93. During last year's conference, shares fell by 1.37% and ended trading at $97.34. Shares of Apple were trading lower ahead of Monday's conference as well.

Apple also faced a downgrade by Pacific Crest on Monday. So far this year, Apple shares are up 32.61%. To compare, the S&P 500 is up 15.49%.

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