Apple suffers second rating downgrade in tough start to 2024

Apple suffers second rating downgrade in tough start to 2024

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Apple AAPL-Q fell further on Thursday, losing about $176-billion since the start of the year, after Piper Sandler became the second brokerage this week to downgrade the stock on worries of tepid demand for its products, including the iPhone. The company’s shares dropped 1.7 per cent to an…

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