SEE: Apple stock closes in correction territory

By -
  • Apple shares fell below $163 -- down more than 11 percent since March 13, when the stock hit an all-time intraday high of $183.50.
  • The hardware giant is reeling from reports of weak iPhone sales and one analyst's prediction that the high-end iPhone X would be killed off this year.

  • Apple closed in correction territory Tuesday, falling below $163 for the first time since February to close at $162.94.
    Shares were off more than 11.5 percent since March 13 — when the stock hit an all-time intraday high of $183.50.

Comments

Post a Comment

Popular posts from this blog

Local News

By -
Image
19-year-old crashes into Wendy’s after vehicle-to-vehicle Panorama City shooting  PANORAMA CITY — A 19-year-old motorist remained in grave condition Saturday from a vehicle-to-vehicle shooting in Panorama City, where he also plowed his car into an area Wendy’s restaurant, police said. The shooting victim was later identified as Alexis Saldana, the Los Angeles Police Department reported.
Read more