You might remember that on Monday, AAPL stock had a bit of a bad day before rebounding. It wasn’t just a bad day for Apple stock, though: Fueled by fears of a total collapse of the Chinese stock market, the whole S&P 500 collapsed that day.
In the first 24 hours, only Apple rebounded. It’s proof positive of Apple’s fabled “reality distortion field.”
The amazing image above comes from this fantastic map of the Standard & Poor 500, courtesy of Finviz, a site dedicated to financial data visualizations. As it clearly shows, the entire stock market basically crashed on Monday … but Apple was the first company to claw its way back into the black.
Twitter user Andy Cox puts it best:
Talk about a reality distortion field. (via https://t.co/gdZHx4iKjA) pic.twitter.com/EFPSx1b3gJ
— Andy Cox ️ (@InfoVizard) August 24, 2015
We’re not going to do better than that for a quip.
To be fair, a few more companies are back in the green now, but the entire market is still down. Just goes to show exactly how unique Apple is. If this ever happens again? Buy buy buy!
John Brownlee is a writer for Fast Company, and a contributing writer here at CoM. He has also written for Wired, Playboy, Boing Boing, Popular Mechanics, VentureBeat, and Gizmodo. He lives in Boston with his wife and two parakeets. You can follow him here on Twitter.
