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Amazing how one minuscule headline could take down shares of tech titan Apple (AAPL). As Yahoo Finance’s Jared Blikre wrote on Friday in this space, Apple’s stock tanked 6% from Wednesday’s opening bell to Thursday’s close. It marked the biggest back-to-back slide in 10 months. The culprit as you may know by now: Chinese officials are reportedly asking government employees to stop using iPhones. Considering Apple does big business in China, it’s not a total shocker this headline would take a bite out of the stock. Who is to say China doesn’t order a shutdown of Apple stores to send…
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April 22, 2025
11:12
Source: fool.com.au