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r/stocksr/stocks· u/Cydu06· 3d agoCompany News 1

Apple stocks down 5% or 200 billion in 15 minutes after raising prices on their product

Investor summaryBearish

Apple shares dropped 5% ($200B market cap) shortly after the company announced price hikes on its products.

Bear points
  • Stock dropped 5% ($200B) in 15 minutes following product price hikes.
  • Market reaction indicates investor dissatisfaction with the pricing strategy.
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