Apple Stock Fell 3.5% Thursday. What Was Behind the Slide.

 Apple Stock Fell 3.5% Thursday. What Was Behind the Slide.

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https://www.barrons.com/articles/apple-shares-slide-on-rate-fears-51639690622


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Apple shares gave back some gains notched in recent weeks as the Federal Reserve’s signal that interest rates will rise spurred widespread selling in the technology sector.

The Nasdaq Composite is off 2.4% on the day, while Apple–which accounts for about 10% of the value of the index–has fallen 3.5%, underperforming both the broader market and the rest of the tech megacaps.

Concerns…


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