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Apple stock may cause a market crash if AAPL drops below this support
AppleApple(US:AAPL) Finbold·2024-01-08 11:43

The US stock market has been in the red since the start of 2024 and Apple (NASDAQ: AAPL) should be among the first to blame.Notably, the tech giant is facing a challenging start to the year, with its shares down over 3% amid a downgrade from Barclays analysts. The downgrade, citing growth concerns, has shifted the stock’s rating to underweight, and the price target has been marginally reduced from $161 to $160. The move was mimicked by Piper Sandler analysts during the same week. $AAPL Apple downgraded twic ...