Apple CEO Tim Cook Sells $88 Million in Company Stock in Largest Sale Since 2021
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Apple CEO Tim Cook sold over 500,000 shares valued at about $88 million, his biggest sale since 2021.
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After the sale, Cook still holds over 3 million Apple shares.
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Apple shares have fallen about 12% since hitting an all-time high in late July.
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The sale comes as Apple has lost ground after a big rally earlier this year.
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Other Apple executives also sold shares valued at over $11 million each.