Apple lost over $200 billion in market value in two days. Here's where Jim Cramer stands on the stock

  • 📰 CNBC
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

The continued sell-off in Apple (AAPL) should not scare investors away from the Big Tech name.

The continued sell-off in Apple shares on speculation about a Chinese crackdown on iPhone usage among government workers should not scare investors away from the Big Tech name. Jim Cramer said Thursday he stands by the Club's "own it, don't trade it" designation on Apple, which was on a two-session losing streak that wiped out more than $200 billion in market value in the stock.

A view of Apple Store at Festival Walk shopping mall in Mong Kok District on August 15 2018 in Hong Kong, Hong Kong.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines