Apple drops on report that Justice Department is eyeing antitrust probe

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Apple drops on report that Justice Department is eyeing antitrust probe
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The possible Apple probe is linked to a potential Google probe, Reuters reported, and stems from meetings between the DOJ and the FTC.

The headlines together paint a daunting picture for Silicon Valley and the stock market's most valuable companies.shares ticked lower Monday after a Reuters report saying the Justice Department is considering a probe of the iPhone maker.

The agency has been given jurisdiction to probe the company's practices as part of a broad review into potential anti-competitive behavior among big tech companies, Reuters reported, citing two sources. The stock fell nearly 2% following the report, after trading higher earlier in the day. The shares pared losses to end the session 1% down. Apple and its CEO, Tim Cook,

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