Welcome to the world of facts and news: Apple’s ugly day wipes out $120 billion, spills over Big Tech

Apple’s ugly day wipes out $120 billion, spills over Big Tech

Apple has been treated as a haven for much of this year, outperforming fellow mega-caps and the broader tech gauge amid a steep selloff driven by recession fears. The world’s most valuable company with a market value of nearly $2.3 trillion has now fallen about 20% in 2022, compared to a 32% decline for the Nasdaq 100.

from Tech-Economic Times https://ift.tt/mW7RAz0

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