Apple suffers its biggest single-day loss in 6 years after cutting revenue guidance
Publishing timestamp: 2019-01-03 13:30:27
Summary
Apple's stock hits lowest price since 2017, losing $450 billion in market value since peak. Revenue guidance slashed, citing waning sales and headwinds in China. Share price drops 10 percent, worst day of trading since 2013. Apple now fourth most valuable publicly traded U.S. company.
Sentiment: NEGATIVE
Keywords: business, business news, apple inc, investment strategy, technology, financials, computer hardware, markets, breaking news: technology, alphabet inc, stock markets,