Apple Stock Has Broken Down. That’s Bad for the Market.

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Apple stock has broken below a key level. That’s an ominous sign for the broader market.

Its current price—$142.56 a share—is, of course, bad for the technology behemoth. After Wednesday’s trading, Apple (ticker: AAPL) lost its No. 1 ranking as the world’s most valuable company to Saudi Aramco (2222.SA), the energy giant backed by Saudi Arabia.


William Murphy

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