Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
$AAPL is now trading at lows not seen since Nov 2021 relative to the $QQQ. Ironically this was the previous ATH's set by the Nasdaq-100. Essentially, aside from the obvious that Apple is clearly underperforming, it also says the market is moving on and leaving it behind. Fwiw. https://t.co/r0wh0HdsV5
A Big Win By @HedgeyeTech On $AAPL Short 🔥 Felix Wang’s first big call as Hedgeye’s Global Tech analyst was to short Apple in early January, citing slowing international demand. Shares of Apple have been sliding ever since, and slid further this morning after Apple reported a… https://t.co/AnFa0fBGSp
It's been a rough start to 2024 for $AAPL 1/12: @HedgeyeTech adds $AAPL to 'Best Idea' Short list 1/14: iPhone faces price cuts in China 1/19: Apple Vision Pro deliveries pushed back 1 month 1/31: @KeithMcCullough signal flips to Bearish on $AAPL 2/14: Warren Buffett sells… https://t.co/qTuVkPaH6j
Apple ($AAPL) stock has been on a downward trend in 2024, with a significant drop of nearly 10% year-to-date. Various factors, including being added to a 'Best Idea' Short list, iPhone price cuts in China, and delayed deliveries, have contributed to the decline. The stock is trading at lows not seen since November 2021 relative to the Nasdaq-100, indicating underperformance and being left behind by the market.