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Investors unfriend Facebook and Apple

June 26, 2013: 1:30 PM ET

Click the chart to track shares of Apple.

U.S. stocks may be on the rise but two former tech darlings are missing out on the move up. Shares of Apple and Facebook were firmly in the red Wednesday as the the Dow jumped more than 100 points for a second straight day.

Apple (AAPL) slipped 1.4% to a two-month low below $400, while Facebook (FB) shares shed 0.4% to trade around $24.

Both companies have been struggling to impress investors this year amid a lack of new and innovative products.

The disappointing downward moves in the stocks gave people on StockTwits plenty to chatter about.

 lamonicabuzz
Market rallying again. But $AAPL down & back below $400. $FB down too. Both companies need more innovation to get investors excited.

Facebook tried to push the envelope last week when it unveiled Video on Instagram, a service tied to the popular photo app that Facebook bought last year for $1 billion.

But that wasn't the type of innovation investors have been looking for, and the stock remains stuck in a rut.

 SwearWord
$FB Don't know how anyone can hold this stock, pump and dump would be aggravating. Been shorting pops. Bearish

The complaints were even harsher against Apple.

 PGA4
Calm down $AAPL board, it's not like GOOG, AMZN, NFLX, LGF, BBRY, PCLN, MSFT, ISRG, and SIRI are all up 1.5% + today and AAPL is red!

Oh, the irony! And of course it's not just today. Netflix is the best performing stock in the S&P 500 this year, with shares up 130% while Apple shares have declined about 25%.

 CapitalObserver
$AAPL is a reminder of what happens to cult stocks once they fall out of favor. Unfortunately this reminder is sitting in my portfolio.

Ouch. But depending on where you bought the stock, maybe it's helped more than it's hurt? After all, if you take a step back, you'll see that Apple shares have more than quadrupled since the bull market began in March 2009, while the S&P 500 has only doubled.

Still for future gains, most investors agree that Apple needs to come up with something soon, and not just a fun advertisement.

 DisgruntledTrader
$AAPL when you release the same thing year after year, and the only innovations are your commercials, people catch on.

 investinthebest
$AAPL everyone who has a iphone/ ipad already has one. dont understand how this company will continue to generate money

Some even wondered if Apple CEO Tim Cook is holding the company back, though others came to Steve Jobs' successor's defense.

QuickCASH
$AAPL Stock market UP or DOWN this goes down and more down someone please fire Tim Cook Please

Others came to Steve Jobs' successor's defense.

 mrjellybean
$AAPL Tim Cook will not be fired just because Wall Street wants to assign a 5 PE to Apple that is not his fault nor did he do anything wrong.

A new leader may or may not be the answer, but it's crystal clear that new ideas and time are of the essence for Apple.

 RocketBaxter
$AAPL Its pretty much over unless they announce Anything this week which tells me they've got nothing

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Hibah Yousuf
Hibah Yousuf
Reporter, CNNMoney

Hibah Yousuf is a reporter at CNNMoney, where she covers stocks, bonds, commodities and currencies trading across the globe, as well as corporate earnings and other markets-related news. Prior to joining the site in 2009, she interned at Money Magazine.

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