San Francisco Apple re-entered bear market territory in the midst of Monday's market sell-off, which was sparked by worries over an escalating trade war between the United States and China. Its shares were down 5.81% on the day and are off roughly 20% from a high of over $233 in October.
Shares closed at $185.72 and continued to fall in after-hours trading. The S&P 500 fell 2.4% on the day and the Nasdaq dropped 3.4%.Apple has been trying to regain its footing in China. In its most recent earnings, released April 30, the company posted revenue of $10.2 billion in the country for the first three months of the year, down 21% from a year earlier.
Wow massive loss. Trade wars not helping one of America's richest companies this doesn't look good. You know what looks you clicking and donating, even $10 Hi, I'd really appreciate it if you would share and donate to my Medical School Tuition.
It’s up 19% this year. Performing terribly
John Durham CNN & Democrats are about to be exposed
The individual who turned a million dollar loan into a billion dollars of debt, is in charge of this trade war. A individual who cant even display emotional intelligence over twitter; is in charge of this trade war. Let that sink in
Ty for the info CNN
'Buy alert, for 'Fat Donny'!'
Cover the news! Barr appoints Connecticut federal attorney to expose your political hacks.
This is what we get when we have a President who has absolutely no idea what he is doing.
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Source: CNN - 🏆 4. / 95 Read more »
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