Apple stock set to suffer worst 2-day performance in 20 months | Tipspdia

Shares of Apple Inc.
sagged 3.1% in afternoon trading Thursday, putting them on track to close at a seven-month low. After sinking 5.2% on Wednesday, the technology behemoth’s stock has now lost 8.1% in two days, the worst two-day performance since it dove 9.95 in the two days ended Sept. 3, 2020. Apple shares have been dragged lower, albeit somewhat belatedly, by the selloff in the broader stock market and technology sector in particular. The stock has now slumped 18.7% since the end of March, while the tech-heavy Nasdaq Composite
has shed 20.5% and the Dow Jones Industrial Average
has dropped 9.1%.


Leave a Reply

Your email address will not be published.