Apple's stock is in a ‘funk.' Could Warren Buffett be selling more shares?
Apple Inc.’s stock is having its fifth down day in a row, and it’s off almost 12% to start 2024 during a period when the broader market continues to roar higher. In other words, the shares are “at a crossroads,” according to Rosenblatt Securities analyst Barton Crockett. Apple AAPL, -2.57% is dealing with all sorts of challenges, including regulatory pressures, anemic revenue trends and a dearth of mainstream new products. See also: EU’s record Apple antitrust fine is just the start of a Big Tech regulatory ...