Why Apple Shares Are Getting Hammered Today

The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.0 percent in May on a seasonally adjusted basis after rising 0.3 percent in April, the U.S. Bureau of Labor Statistics reported today. The all items index increased 8.6 percent for the 12 months ending May, the largest 12-month increase since the period ending December 1981.

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According to data from Benzinga Pro, Apple has a 52-week high of $182.94 and a 52-week low of $125.94.

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