Apple Closes Lower For Eighth Straight Day, Marking A Nearly 20-Year Record

With Apple Inc. AAPL's close Monday afternoon, the stock has done something not seen in nearly 20 years: eight straight sessions of intra-day losses.

Shares of Apple, on a split-adjusted basis, were trading at around $1 back in 1998. For some perspective, the stock closed at $93.64 Monday.

Thanks to onthisday.com, one can quickly find some important happenings during that year.

Related Link: Flashback: What Was The World Like Last Time Apple Missed?

Here are a few notable events that happened the last time Apple closed lower for eight straight trading sessions.

  • U.S. Census Bureau estimated the population at under 269 million.
  • Monica Lewinsky signed an affidavit denying she had an affair with President Bill Clinton.
  • Elton John was knighted.
  • "Titanic" won the Academy Award.
  • The last episode of "Seinfeld" aired.
  • A young Vladimir Putin became a permanent member of the Russian Federation's Security Council.
  • Hugo Chavez elected President of Venezuela.
  • An autopsy of Chris Farley's body found he overdosed on opiates.
  • The soon-to-be Victoria and David Beckham were engaged.
  • The "Unabomber" Ted Kacynski was sentenced to four life sentences.
  • "Sex and the City" premiered on HBO.
  • Nelson Mandela accompanied Queen Elizabeth II on a coach ride through the streets of London.
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