Apple shares swoon on Bank of America downgrade

MacDailyNews
Sep 29, 2022, 3:11 pm683 pts
Shares of Apple were down more than 5% on Thursday after Bank of America analysts delivered the stock a rare downgrade. The downgrade came on the heels of a Bloomberg report Wednesday that said Apple had told some suppliers to abandon plans to ramp up production for its new iPhone 14 after failing to see as…

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