| 1 | SAN FRANCISCO - Apple shares helped lead the stock market on a steep dive Monday morning, but the tech giant recovered in dramatic fashion soon after CEO Tim Cook assured a popular Wall Street commentator that his company is still doing well in China. |
| 2 | CNBC's Jim Cramer shared the message with his audience as Apple's stock plummeted more than 13 percent Monday morning. |
| 3 | That plunge erased more than $75 billion in Apple's market value, which started the day around $602.8 billion. |
| 4 | Apple and other U.S. tech stocks were rocked Monday by continued worries over China's economy, which is Apple's second-largest market. |
| 5 | After closing Friday at $105.76, Apple plunged Monday to a low of $92. |
| 6 | But the stock then soared to $108.80, before settling around $104 on Monday afternoon. |