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Get Free Report shares extended declines Thursday, taking the stock to the lowest levels since early November, following another Wall Street downgrade tied to…
The company's shares dropped 1.7% to an eight-week low of $181.20 on Thursday. If the losses hold, Apple stands to lose $47.4 billion of its value for the day.
Did Apple operational efficiency peak? Barclays' Timothy Long and Piper Sandler's Harsh Kumar both downgraded the stock.
Apple seemingly can't catch a break from analysts.
Apple fell further on Thursday, losing about $176 billion since the start of the year, after Piper Sandler became the second brokerage this week to downgrade the stock on worries of tepid demand for...