Apple stock hammered for third consecutive market day, falls on news of more tariffs

While markets fluctuated insanely on rumors, the third consecutive trading day after the blockbuster tariffs announcement has again ended very badly for Apple, with it seeing billions more bled off of valuation.Donald Trump showing off his signed tariff planApple's shares were trading at $223.89 on April 2, 2025, before Trump imposed raised the cost of it doing business with every single one of its overseas suppliers. As with all stocks, Apple's shares took an immediate hit, dropping 7.5% overnight.And, on Monday, the sell-off continued. At the close of business, Apple stock ended a tumultous trading day at $181.46, a $6.92 hit from Friday's close. Continue Reading on AppleInsider | Discuss on our Forums

Apr 7, 2025 - 23:01
 0
Apple stock hammered for third consecutive market day, falls on news of more tariffs
While markets fluctuated insanely on rumors, the third consecutive trading day after the blockbuster tariffs announcement has again ended very badly for Apple, with it seeing billions more bled off of valuation.

Donald Trump in the oval office. Trump holds a signed document, displaying it prominently. A golden curtain and a blurred seal are visible in the background.
Donald Trump showing off his signed tariff plan

Apple's shares were trading at $223.89 on April 2, 2025, before Trump imposed raised the cost of it doing business with every single one of its overseas suppliers. As with all stocks, Apple's shares took an immediate hit, dropping 7.5% overnight.

And, on Monday, the sell-off continued. At the close of business, Apple stock ended a tumultous trading day at $181.46, a $6.92 hit from Friday's close.


Continue Reading on AppleInsider | Discuss on our Forums