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Apple Just Suffered Its Largest Single-Session Drop in Over 7 Months. Here's What It Means for the Stock


On March 21, Apple (NASDAQ: AAPL) fell 4.1%, marking the worst single-session drop since it fell 4.8% on Aug. 4, 2023. The sell-off last August was in response to Apple's fiscal 2023 third-quarter earnings. But this latest sell-off had nothing to do with quarterly financial reports.

The U.S. Department of Justice (DOJ) filed a civil antitrust lawsuit against Apple for monopolizing smartphone markets. Here's what the DOJ said and why it's yet another piece of bad news weighing Apple down.

Image source: Getty Images.

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Source Fool.com

Apple Inc. Stock

€177.24
0.370%
Apple Inc. gained 0.370% compared to yesterday.
Our community is currently high on Apple Inc. with 80 Buy predictions and 5 Sell predictions.
As a result the target price of 200 € shows a slightly positive potential of 12.84% compared to the current price of 177.24 € for Apple Inc..
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