Apple Inc. shares experienced a significant decline in premarket trading on October 1, 2024. The stock fell as much as 1.4% initially, later dropping by 1.1% following cautious comments from Barclays. By midday, Apple shares were down 3%, and further declined to 3.5%. The downturn was influenced by multiple factors, including Barclays' comments and Citi's reduction of iPhone unit estimates for the September and December quarters. The decline potentially created a back-to-back wicks pattern of indecision.