Apple Inc’s stock market value fell sharply on Tuesday following its steep drop last year and putting it on track to end below $2 trillion for the first time since June 2021.The sell-off comes a year after the iPhone maker became the first company to reach the $3 trillion market capitalisation milestone.Apple’s shares fell 4 percent to $124.60 after Exane BNP Paribas analyst Jerome Ramel downgraded the company to “neutral” from “outperform”, slashing his price target to $140 from $180, according to Refinitiv Eikon.
Load More
Load More