By Stephen Nakrosis
Apple Inc. (AAPL) shares are trading lower in Friday's market, following news U.S. lawmakers are seeking emails from tech executives and after Goldman Sachs cut the company's price target.
At 12:46 p.m. ET, the company's shares were trading 2.51% lower at $217.49. Volume was over 20 million shares.
Apple was among the tech companies who were asked by the House Judiciary Committee examining the industry to provide documents, including emails, financial statements and executive communications.
Before the bell Friday, Goldman Sachs cut its price target on Apple to $165 from $187 a share, as reported by Benzinga.
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