Wall Street defends Apple stock amid worst week since 2022

The recent decline in Apple’s stock price presents a buying opportunity for investors, as certain analysts continue to view the company as a reliable refuge during times of market turbulence. Last week, the stock plummeted nearly 11%, marking its steepest one-week drop since November 2022. This year, Apple’s shares have fallen over 14%, outpacing the Nasdaq 100 Index’s nearly 6% decrease. On Monday, the stock again suffered an additional decline of more than 1%.
Ryan Vlastelic