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The stock slid 8% on Thursday, a Rotten day for technical shares. Which translates into a loss of about 180 180 billion in the iPhone manufacturer’s market capitalization. That’s the biggest one-day loss ever for any company, but Apple still leaves Apple with a market cap of a billion dollars. There is a large number of fun.
The previous one-day loss record was a fantastic one. October In October 2008, sports car maker
Declared that they have gained control of most of the voting shares
(VOW.G rum y). That Set wide short squeeze, Which in a short time raised Volkswagen’s share by 3% to become the world’s most valuable company – today’s $ 8 billion, well below today’s standards.
The next day things got a little normal, and VW stock fell 44% to બજાર 153 billion.
U.S. In, the biggest one-day market cap loss before 2020
(FB) The stock is next on July 26, 2018 Earnings reported the previous evening. Facebook’s second-quarter results were good, with earnings and sales matching Facebook Street consensus. But in the wake of the Cambridge Analytica scandal and other pressures on the company’s business model, Facebook has warned that its revenue growth and profit margins will decline significantly in the coming quarters and years.
The stock plunged 19 percent the next day, dropping more than 9 119 billion in market cap.
In a pair of March 2020, Apple lost more than 150 150 billion in market cap.
Apple Pal’s losses on Thursday were higher than the individual market caps of 470 companies
37 or below 37 combined. That’s the biggest percentage drop for Apple Pal stock since March 16, when it fell 12.9%.
But, like the rest of the technology, Apple Pal stock is still strongly in the green for practically any timeline. Adjusted for its most recent stock split, Thursday’s close of $ 120.88 is the lowest since August 20-10. The stock has risen 65% since early 2020, up 127% from the previous year. Even after those days in a row, it’s hard to feel bad about that return.
Apple Pal Stock was the worst performer
Dow Jones Industrial Average
On Thursday, which closed below 2.8%. This
Lost 3.5%, while tech-heavy
Decreased by 5%.
Write to Nicholas Jacinsky at Nicholas.Jacinsky: barrens.com
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