|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 226.3 USD | +2.14% |
|
+7.44% | +17.53% |
| 03:00pm | Wall St Week Ahead-Earnings season to test hopes for broader stocks rally | RE |
| 12:35pm | Apple Approves Launch of Epic Games' Marketplace App in Europe | MT |
(Reuters) - Apple Inc's market capitalization slipped below $2 trillion on the first trading of 2023 as its stock fell nearly 4% following a rating downgrade due to production disruption in China.
Apple was the first company to hit $3 trillion in market value on Jan. 3 last year.
Exane BNP Paribas analyst Jerome Ramel downgraded Apple to "neutral" from "outperform" with a price target cut to $140 from $180, according to a report by thefly.com.
The iPhone maker's shares were down about 4% at $124.65.
(Reporting by Nivedita Balu in Bengaluru; Editing by Arun Koyyur)
Price
|
Change
|
5d. change
|
Capi.
| ||
|---|---|---|---|---|---|
| 226.3 USD | +2.14% | +7.44% | 3,471B | ||
| 63.66 EUR | -0.41% | +6.94% | 77.87B | ||
| 1st Jan change | Capi. | |
|---|---|---|
| +17.53% | 3,471B | |
| -24.51% | 11.59B | |
| -35.76% | 4.63B | |
| +2.04% | 3.57B | |
| 0.00% | 2.29B | |
| +50.74% | 945M | |
| +39.34% | 858M | |
| +3.98% | 334M | |
| +63.79% | 130M | |
| +84.12% | 130M |
APPLE INC. 
