It appears that even the world’s largest company has fallen victim to the recent curse of the Dow Jones Industrial Average. According to Bloomberg, since Apple Inc. AAPL 0.34% replaced AT&T Inc. T 0.09% in the Dow back in March, Apple has single-handedly cost the Dow 67 points.

You Heard It Here First

Strangely enough, the counterintuitive trend of new Dow members underperforming the stocks they replace has been happening for a while now. Back in March prior to Apple’s transition, Benzinga reported the pattern, and what it could mean for Apple and AT&T.

Incredibly, the last four Dow additions have each underperformed the stocks they replaced over the six months following the transition.

The Numbers

At the time of the transition, Apple’s stock was…

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