Reported 1 day ago
Apple Inc. is experiencing a challenging start to 2025, with its stock down 11%, marking its worst performance since 2008. The stock is testing a crucial 200-day moving average, a potential indicator of further declines if breached. Analysts suggest that while Apple has significantly lagged behind the S&P 500's gains, any further drop could impact the broader market's bull trend. Investors are awaiting Apple’s quarterly earnings report on January 30, which could influence its stock trajectory.
Source: YAHOO