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Why Apple Stock Fell on Monday

TheMotleyFool

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Shares of Apple (NASDAQ: AAPL) were slammed today, with the stock falling as much as 9% at one point. That decline has moderated some, with the stock down 5% as of 12:50 p.m. EDT.

Much of the tech stock's decline was likely fueled by the market's overall sharp decline on Monday. But a report on low iPhone sales in China during February is probably weighing on shares as well.

iPhone 11. Image source: Apple.

Source Fool.com

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