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Apple takes a hit after production downgrade


MongiIG

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Apple takes a hit after production downgrade

Consistently one of the most traded on the IG platform, Apple is down today, all sessions, as the company indicates a slowdown to its component suppliers.

We already knew this year was going to be tough, but 2022 was meant to be a recovery year. The iPhone maker says that is no longer the base case and has extended its warning.

IGTV’s Jeremy Naylor looks at the chart.

https://www.ig.com/uk/market-insight-articles/apple-takes-a-hit-after-production-downgrade-211202

AAPL Stock Price — Apple Chart — TradingView

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