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Apple Is Approaching Six-Month Low Again: What’s Next?

John Parker
Apple Is Approaching Six-Month Low Again: What’s Next?

Apple (AAPL) has been facing troubles in the fourth quarter due to factors ranging from reports of weakening new iPhone sales to fears about tariffs on its Chinese imports into the US. The company’s stock is approaching its six-month low again. Today around 10:30 AM EST, the stock posted a day low of $166.11, down 2.8% from its previous day’s closing price. This level was not far away from Apple’s six-month low of $163.33 posted on Monday this week.