After gaining nearly 40 percent in 2014, Apple’s shares dropped from nearly $112 down to almost $105 in the new year’s first week of trading, despite strong sales data and virtually nonexistent competition from its main rivals throughout the holiday quarter. However, those losses were dramatically reversed today as the company’s stock rapidly changed course, gaining back all negative ground for the year and netting a slight positive from 2015’s opening day last Friday.

Apple Stock had a strong 2014 due to the release of the iPhone 6 and strong earnings reports. The stock climbed almost 50% from the beginning of the year, moving above $100 per share and achieving a market capitalization of over $700 billion, double what it was when Tim Cook took over as CEO in August of 2011. The demand for the iPhone 6 overwhelmed analysts’ and even Apple’s expectations, as the device had the best holiday season of any of the iPhones released until now. This caused the stock to climb to a peak of over $119 on November 28^th, 2014.

Apple is facing a lawsuit alleging that the company falsely advertised the storage capacity available on its devices. The lawsuit, filed on Tuesday in California, claims that iOS 8 can suck up as much as 23.1% of the advertised storage capacity, something consumers are not aware of when they purchase the device or download the iOS. The case is a class action lawsuit on behalf of all people who purchased an iPhone, iPad, or iPod with 16 GB of memory or less and who received iOS pre-installed or who upgraded from an earlier iOS. The suit seeks damages of more than $5 million.