Why Apple Stock Sank Today
(NASDAQ: AAPL) stock saw a significant sell-off in Wednesday's trading. The tech giant's share price fell 3.2% in a daily session that saw the S 500 index rise 0.3% and the Nasdaq Composite trade flat.
Apple unveiled its new iPhone hardware and other products at an event yesterday, and the market has had a moderately negative reaction to the unveilings. In addition to the lack of a new, clear-cut blockbuster in the pipeline, investors may also be concerned about the company's pricing strategy.
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Source Fool.com
Apple Inc. Stock
€231.55
-0.960%
Currently there is a rather positive sentiment for Apple Inc. with 108 Buy predictions and 12 Sell predictions.
With a target price of 235 € there is a slightly positive potential of 1.49% for Apple Inc. compared to the current price of 231.55 €.
