BEAMSTART Logo

Apple Stock Tumbles 7.5% In Premarket, On Track To Open At Nearly 2-Month Low: Why Is Tech Giant Losing Flavor?

Benzinga LogoBenzinga10h ago

Apple Stock Tumbles 7.5% In Premarket, On Track To Open At Nearly 2-Month Low: Why Is Tech Giant Losing Flavor? - Benzinga

Quick Summary:

Shares of tech giant Apple, Inc.(NASDAQ:AAPL), which weathered the mega-cap sell-off on Friday, are sliding in premarket trading on Monday.The stock fell 7.75% to $202.81 in premarket, according to Benzinga Pro data, and if the premarket losses hold good, it is on track to open at its lowest since June 11 when it traded at an intraday low of $193.63.

The previous worst close was from June 10 ($193.12).

Shares of tech giant Apple, Inc.

More Pictures

Apple Stock Tumbles 7.5% In Premarket, On Track To Open At Nearly 2-Month Low: Why Is Tech Giant Losing Flavor? - Benzinga (Picture 1)

or

Article Details

Author / Journalist: Shanthi Rexaline

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-05 @ 09:33:33 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 377 words

Reading Time: 3 minutes read

Sentences: 11 lines

Sentence Length: 35 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 21929890

View Article Analysis

About Benzinga

Benzinga Logo

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 17 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Apple Stock Tumbles 7.5% In Premarket, On Track To Open At Nearly 2-Month Low: Why Is Tech Giant Losing Flavor?" has 377 words across 11 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "Apple Stock Tumbles 7.5% In Premarket, On Track To Open At Nearly 2-Month Low: Why Is Tech Giant Losing Flavor?" was covered 10 hours ago by Benzinga, a news publisher based in United States.

How trustworthy is 'Benzinga' news outlet?

Benzinga is a fully independent (privately-owned) news outlet established in 2010 that covers mostly technology news.

The outlet is headquartered in United States and publishes an average of 17 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #21929890
  • URL: https://beamstart.com/news/apple-stock-tumbles-75-in-17228523972289

More News from Benzinga

Latest Jobs

More Technology News

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2024 BEAMSTART. All Rights Reserved.