Apple (AAPL) Continues Slide Heading Into Quarterly Results
Tweet
Share
E-mailGet Alerts AAPL Hot Sheet
Price: $336.13 -0.26%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
EPS Growth %: +7.0%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.3%
EPS Growth %: +7.0%
Join SI Premium – FREE
Apple (Nasdaq: AAPL) is continuing its slide Friday. Shares are down over 1 percent on the session.
Since closing at $435.69 on April 11th, Apple has slid lower the next five of six sessions, erasing $45 billion of market cap in the process. Shares closed modestly higher on April 16th.
Shares are now comfortably below noted moving averages, with the 20-, and 50-day SMAs sitting at $430.22 and $440.55, respectively.
The company is expected to release Q2 results on April 23rd.
Since closing at $435.69 on April 11th, Apple has slid lower the next five of six sessions, erasing $45 billion of market cap in the process. Shares closed modestly higher on April 16th.
Shares are now comfortably below noted moving averages, with the 20-, and 50-day SMAs sitting at $430.22 and $440.55, respectively.
The company is expected to release Q2 results on April 23rd.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Jefferies on iPhone: 'Lead Time and Resale Prices Indicate Weakness', 'Duo will likely cannibalize 18P/PM'
- Trump Bans CNN, MS Now, Politico From White House
- NASA in Talks for Boeing's Starliner to Handle New Missions - WSJ
Create E-mail Alert Related Categories
Technicals, Trader TalkSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
