Why is Apple stock down today? Key factors explained
Apple stock
Covered by 3 sources
- The News Biz PK·7h agoApple shares plunge as component squeeze triggers $500 billion market wipeout
Apple shares plunge as component squeeze triggers $500 billion market wipeoutApple shares plunged nearly 10% on Friday, putting the company on track to lose almost $500 billion in market value as investors reacted to supply constraints and weaker-than-expected guidance.As…
Read at The News Biz PK → - Geo News·9h agoWhy is Apple stock down today? Key factors explained
Why is Apple stock down today? Key factors explained Apple Inc. shares tumbled 9% on Friday, July 31, erasing around $373 billion in market capitalisation, despite the company reporting its best-ever Q3 earnings. This marks the largest dip in Apple’s stock since 2020 and
Read at Geo News → - ET Markets·10h agoApple shares tumble 9% on supply worries, on track for worst single-day fall in over 6 years
Apple shares plunged over 9% after the iPhone maker issued a weaker-than-expected outlook, warning that AI-driven component shortages are straining global supply chains. The stock is on track for its worst one-day fall in more than six years, putting nearly $500 billion in…
Read at ET Markets →
