Publisher: Maaal International Media Company
License: 465734
Monday, 28 April 2025
Apple shares lose $107 billion in one day
Apple shares fell by 3.6% in Tuesday’s session, recording its largest daily loss in 4 months, with the company losing $107 billion of its market value in one day.
These losses came after Barclays Bank lowered the technology giant’s rating to “low weight” from “equal weight.”
The bank also lowered the target price for the stock to $160 from $161, citing weak demand for iPhones.
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