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Title: Apple teeters on $1 trillion threshold after late Friday slump Post by: HCK on March 22, 2020, 04:05:21 pm Apple teeters on $1 trillion threshold after late Friday slump
Coronavirus volatility is impacting the entire market... What you need to know Apple's market cap could soon fall below $1 trillion. That's due to the massive market volatility caused by the coronavirus pandemic. A slump late Friday left its market cap at $1.003T. Apple is dangerously close to its market cap falling below the $1 trillion threshold after a late Friday slump to end the week's trading. Across the world and in all markets, the coronavirus pandemic continues to batter stock prices left right and center. The only clear theme of market performance at the moment seems to be unpredictability and volatility. In the course of this month, Apple's stock has endured a rollercoaster, recording its biggest single-day move in 11 years at the start of March. Whilst Apple has also seen bouts of recovery, the stock price as a whole, like the rest of the market is shrinking rapidly. Apple closed on Friday at $229.24, down 6.35% on the day's opening price. It looked to be a relati... Source: Apple teeters on $1 trillion threshold after late Friday slump (http://feedproxy.google.com/~r/TheIphoneBlog/~3/HAuWplwfuQY/apple-teeters-1-trillion-threshold-after-late-friday-slump) |