As Apple prepares to release its fourth-quarter earnings report, industry experts are expressing concerns about the tech giant's future performance. Melius Research analyst Ben Reitzes, who holds a Buy rating on Apple stock with a target price of $240, highlights several key issues that the company needs to address. Pressure to Demonstrate Growth Despite having one of the most … [Read more...] about Apple Stock Faces Challenges Ahead
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Apple’s Stock Underperforms as Nasdaq Composite Plummets
The stock market has been unpredictable, and August has been no exception. According to Dow Jones Market Data, the Nasdaq Composite experienced a 5.3% decline this month, putting it on track for its worst performance of the year. This downward trend has also affected Apple (AAPL) stock, which has seen a significant drop of 9.1%, marking its first monthly decline in 2023. As of … [Read more...] about Apple’s Stock Underperforms as Nasdaq Composite Plummets
