Kif Leswing, provided by Published 3:07 pm CST, Friday, December 7, 2018 Getty Apple stock closed at $168.49 on Friday, sliding more than 3%. Apple is now down for the year. On the last day of trading in 2017, December 29, it closed at $169.23. Apple stock has had a wild year of ups and downs. It gained through the first nine months of the year — spurred by tax cuts, share buybacks, and rising iPhone prices. But it has slumped over the past two months. It’s lost 27% since October 3, when it closed at $232.07, wiping out its gains for the year. It’s now down less than 1% year to date. There are a lot of reasons for Apple’s slide, including fears of slowing iPhone sales, reduced disclosures, and China risk. Watch Apple trade in real-time here. The Nasdaq Composite Index closed down 3.1% on Friday. Markets Insider Join the conversation about this story » NOW WATCH: Why it’s so difficult to land a spacecraft on Mars See Also: Android phones everywhere are adopting the iPhone’s ‘notch’ design — and it’s causing them to miss a golden opportunity Google and Amazon could be working on Apple AirPods competitors, according to a well-respected analyst The big tech stocks just lost $141 billion in market value. That’s enough to buy McDonald’s.