Why Apple Stock Was Falling Monday
Apple (NASDAQ: AAPL) is joining in Monday's stock market sell-off. As investors respond to broader pessimism about the global rebound in new coronavirus cases, the tech giant's share price fell by a little more than 3% in early trading -- and that slide largely persisted throughout the session. As of 2:15 p.m. EDT, Apple stock remained down by 2.8%.
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The pandemic is one problem for Apple. Stock market analysts are another.
Source Fool.com