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Why Apple Stock Fell Monday

TheMotleyFool

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Shares of Apple (NASDAQ: AAPL) fell sharply on Monday, dropping as much as 7.6%. As of 11:41 a.m. EST, however, this decline had moderated some; the stock was down 4.5%.

The move lower was fueled by coronavirus fears. Over the weekend, concerns about COVID-19's impact on the global economy grew as the respiratory illness spread to South Korea and Italy.

Apple CEO Tim Cook. Image source: Apple.

Source Fool.com

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