Apple stock falls below key level after China shuts Foxconn plant over COVID spike

MacDailyNews
Mar 14, 2022, 3:36 pm389 pts
Apple shares fell on Monday, dropping below their 200-day moving average, after one of its suppliers, Foxconn, halted operations at its Shenzhen sites following a government-imposed lockdown in response to a COVID spike. Apple is now trading at its lowest since November 2021. The day’s drop erased more than…

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