Dow Jones Falls Almost 500 Points, Marks 7-Month Closing Low As Apple Struggles To Bottom [Investor's Business Daily]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
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Source: Investors Business Daily
Related news The Dow Jones industrial average capped a dismal week with sharp losses in the stock market today , losing 2% to post its worst close since May 3. At 24,100, the Dow also sank nearly 1.2% for the week, following a 4.5% shellacking in the prior week. More evidence of slowing growth in retail sales in China and a softening economy in Europe spurred broad selling across the board on Wall Street. Fewer than a dozen of 197 IBD industry groups posted a gain on Friday. Apple ( AAPL ) helped lead the broad decline, dropping more than 5 points, or 3%, to 165.48. The iPhone and digital services titan is now trading nearly 30% below a 233.47 peak. Analysts continue to shave their ratings for Apple on concerns over iPhone sales. It's not uncommon for stock market leaders to form a base, such as the cup with handle , and shed 30% to 33% of their market value in the process. Given that Apple has been in correction mode for more than 10 weeks, it's guaranteed that the Dow Jones indust
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AAPL
Earnings
- 2/1/24 - Beat
AAPL
Sec Filings
- 4/17/24 - Form 4
- 4/15/24 - Form 4
- 4/15/24 - Form 4
- AAPL's page on the SEC website